Hospital Official Pleads Guilty In Bid-Rigging Probe

Law360, New York (January 14, 2010, 2:44 PM EST) -- A purchasing official with a New York hospital has pled guilty to conspiring to rig bids on re-insulation services contracts, the latest guilty plea in an ongoing antitrust probe into two hospitals.

Freddy Deoliveira, who held various supervisory positions with New York Presbyterian Hospital, pled guilty in the U.S. District Court for the Southern District of New York, the Department of Justice said Tuesday.

He faces 10 years in prison and a $1 million fine. The maximum fine may be increased to twice the gain derived...
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