rigging

Construction Company Owner Pleads Guilty to Bid Rigging and Bribery

DOJ Press0

SACRAMENTO, Calif. — A construction company owner became the third person to plead guilty for his role in a bid-rigging and bribery scheme involving California Department of Transportation (Caltrans) improvement and repair contracts. According to a plea agreement filed today in the U.S. District Court for the Eastern District of California in Sacramento, Bill R. Miller engaged in a conspiracy, from April 2015 through at least December 2019, to thwart the competitive bidding process for Caltrans contracts on numerous occasions in order to ensure that companies controlled by co-conspirators or himself submitted the winning bid and would be awarded the

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Local contractor pleads guilty to bribery in bid rigging scheme

DOJ Press0

HOUSTON – A 64-year-old Houston man has admitted to conspiring to commit mail fraud, announced U.S. Attorney Jennifer B. Lowery. Abraham Joseph pleaded guilty to engaging in the fraud scheme for 12 years. Joseph was the owner of One Point Inc., a company located in Houston. As part of his plea, he admitted that from 2007 to 2019, he engaged in a bribery and bid rigging fraud scheme to secure construction and maintenance work contracts from a local company with a manufacturing facility. During that time, he submitted fake bids through the company’s facilities manager to make it appear OnePoint

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Contractor charged in bribery and bid rigging scheme

DOJ Press0

HOUSTON – A 64-year-old Houston resident is set to appear in court on charges he participated in a fraud scheme for 12 years, announced U.S. Attorney Jennifer B. Lowery. Abraham Joseph is expected to appear before U.S. Magistrate Judge Peter Bray at 2 p.m. today. A one-count criminal information, filed June 27, alleges Joseph was the owner of a company called One Point Inc. and participated in a fraud scheme from 2007 until 2019 against a company with a manufacturing facility in Houston. Joseph allegedly engaged in a bribery and bid rigging scheme to obtain construction and maintenance work at

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Former Caltrans Contract Manager Pleads Guilty to Bid Rigging and Bribery

DOJ Press0

A former contract manager for the California Department of Transportation (Caltrans) pleaded guilty today for his role in a bid-rigging and bribery scheme involving Caltrans improvement and repair contracts. According to a plea agreement filed today in the U.S. District Court for the Eastern District of California in Sacramento, Choon Foo “Keith” Yong and his co-conspirators engaged in a conspiracy, from early 2015 through late 2019, to thwart the competitive bidding process for Caltrans contracts to ensure that companies controlled by Yong’s co-conspirators submitted the winning bid and would be awarded the contract. Yong is also charged with accepting bribes

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Lawsuit accusing 10 banks of rigging $23 trillion U.S. Treasury market is dismissed

Reuters0

By Jonathan Stempel NEW YORK – A federal judge on Thursday dismissed a long-running antitrust lawsuit accusing 10 of the world’s largest banks of pursuing two interrelated conspiracies to suppress competition in the now $23.2 trillion market for U.S. Treasury securities. U.S. District Judge Paul Gardephe in Manhattan said the 18 plaintiffs — including pension and retirement funds, banks and companies that traded in Treasuries — failed to address shortcomings he found one year ago when dismissing an earlier version of their proposed class action. The defendants include Bank of America, Barclays, BNP Paribas, Citigroup, Credit Suisse, Goldman Sachs, JPMorgan

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Ukraine Accuses Russia Of Rigging Explosives To Manufacture Terrorist Attack

The Daily Caller0

The Ukrainian government accused Russia on Friday of rigging explosives in eastern Ukraine to manufacture a false flag terrorist attack. “Ukraine’s military intelligence has information that Russian special services have mined a number of social infrastructure facilities in Donetsk in order to further undermine them,” Ukraine’s ministry of defense said in a tweet. “These measures are aimed at destabilizing the situation in the temporarily occupied territories of our state and create grounds for accusing Ukraine of terrorist attacks,” the Ukrainian defense ministry said, advising Donetsk residents to stay home and not use public transportation. U.S. officials have long said that

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