A Houston business owner pleaded guilty in federal court in Florida to criminal antitrust violations. The woman, who owns a freight forwarding company, admitted to price fixing for freight shipments to Honduras.
The guilty plea is the third such case closed by the Department of Justice. Last year, two executives of a New Orleans freight forwarder pleaded guilty to price fixing. Federal investigators allege that a group of freight forwarders conspired to raise prices on shipping fees based on the freight’s destination. The ultimate effect of the conspiracy was to limit competition and increase shipping costs.
Although the charge could result in a 10-year sentence, the first two executives received sentences of 18 months or less. In addition, their company agreed to pay a fine of nearly $500,000 in the case. An antitrust conviction could also lead to a fine of as much as $1M. The amount of the fine will depend upon the illegal gain by the defendant or the loss suffered by customers of the freight firm. The scheme operated for a period of four years between 2010 and 2014.
Federal antitrust lawyer
When you face federal charges for criminal anti-competitive practices, hire an experienced antitrust attorney like Robert Helfend. Mr. Helfend has more than 35 years of experience in federal criminal defense. He takes cases in any US District Court. He also takes state-level criminal cases in Los Angeles County and throughout Southern California.
Federal prosecutors are aggressive. Many federal defendants believe that their best strategy is to plead guilty. This isn’t always true! Your best defense strategy is to work with an experienced, aggressive defense attorney with federal court experience.
Don’t settle for inexperienced representation and don’t make a plea deal without thoroughly exploring all of your options.
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: Wililam Murphy, via Flickr.com