1srelluc
Diamond Member
USAID Official and Three Corporate Executives Plead Guilty to Decade-Long Bribery Scheme Involving More Than $550 Million in Contracts; Two Companies Admit Criminal Liability for Bribery Scheme and Securities Fraud
Greenbelt, Maryland – Four men, including a government contracting officer for the United States Agency for International Development (USAID), and three owners and presidents of companies, have pleaded guilty for their roles in a decade-long bribery scheme involving at least 14 prime contracts...
USAID Official, Three Contractors Plead Guilty To Half-Billion Dollar Bribery Scheme
Three government contractors and a USAID official have pleaded guilty to a scheme involving paying bribes in order to steer more than half a billion dollars in foreign aid contracts, the Department of Justice said Friday.Roderick Watson, a USAID contracting officer, admitted to steering money to...
Three government contractors and a USAID official have pleaded guilty to a scheme involving paying bribes in order to steer more than half a billion dollars in foreign aid contracts, the Department of Justice said Friday.
Roderick Watson, a USAID contracting officer, admitted to steering money to multiple companies in exchange for more than $1 million in bribes.
“Watson exploited his position at USAID to line his pockets with bribes in exchange for more than $550 million in contracts,” Guy Ficco of IRS Criminal Investigation said in a statement. “While he helped three company owners and presidents bypass the fair bidding process, he was showered with cash and lavish gifts.”
The scheme was possible because of the federal government’s racial “set-aside” laws known as 8(a) contracting, which allow contracting officers to give contracts to companies owned by minorities, women, or veterans without the usual competitive process.
Walter Barnes III, the founder of a Baltimore-area company predicated on taking advantage of those laws, admitted to paying bribes, including a country-club wedding, cash, and a trip to Martha’s Vineyard.
Barnes’s company is called Vistant, previously known as PM Consulting Group. It was awarded contracts on the pretense that it was “disadvantaged” because Barnes is black, even as it took in tens of millions of dollars. Barnes used a public defender in his court case, drawing a rebuke from the judge that he presumably had ample resources to pay for his own lawyer.
Also pleading guilty was Darryl Britt, the founder of 8(a) contracting firm Apprio Inc., which is received $271 million in federal contracts since 2004. Both companies also admitted criminal liability.
This is what I voted for but there needs to be a lot more of it.
They were given the contracts specifically to kick the money back. This is graft BY the politicians to capture money from tax payer debt they regulate.
Why do you think it’s no bid?
