A former Army colonel faces charges for criminal antitrust violations. Federal prosecutors allege that the man conspired with other retired Army officers to rig bids on government contracts. While serving in the military, the former colonel managed a billion-dollar budget. As part of his job, he provided funding strategies to make efficient use of resources.
According to prosecutors, a conspiracy emerged in 2008 following the retirement of one the conspirators. The retiree started his own consulting company to pursue government contracts. At nearly the same time, a co-conspirator established an IT consulting company, and worked as a subcontractor for the first company.
Prosecutors say that two active-duty colonels, including the man now facing charges, accepted bribes to steer millions of dollars in contracts to the co-conspirators. Prosecutors accused five other people of participating in the scam. Four of the conspirators have already been sentenced. Three of the conspirators received a five-year prison sentence and were ordered to pay fines of more than $5 million. One man’s wife, who pleaded guilty to being an accessory after the fact, received a 5-year probation sentence. The judge also fined her $10,000 and ordered her to serve 30 days in jail.
Federal Criminal Antitrust Attorney
When you face criminal antitrust charges, hire an experienced federal criminal antitrust attorney like Robert Helfend. Mr. Helfend has nearly 35 years of experience in criminal defense. He takes cases in any federal circuit in the United States.
Bid rigging, price fixing and market allocation schemes are all antitrust crimes. The federal government vigorously pursues anticompetitive practices that victimize the government and the taxpayer. That’s why you need to hire an experienced, aggressive criminal defense attorney to represent you in court.
Many federal defendants choose to plead guilty, or to pursue cooperation agreements with federal prosecutors. Depending on the circumstances of your case, this may or may not be a good strategy. Working with a criminal defense attorney with specific federal criminal experience is your best strategy.
Contact Robert Helfend or call toll-free at (800) 834-6434, (310) 456-3317, (818) 591-2809 or (805) 273-5611 for an immediate consultation on your Los Angeles County antitrust case.
Photo Credit: US Army Environmental Command, via Flickr.com