Former Naval Engineer Indicted In $10M Bribery Case

Law360, New York (April 26, 2012, 7:52 PM EDT) -- A Rhode Island federal grand jury on Thursday indicted former naval engineer Ralph Mariano for conspiracy and theft of government funds among other charges associated with an alleged $10 million bribery and fraud conspiracy.

According to the 37-count indictment against Mariano and his father Ralph Mariano Jr., Mariano participated in a 15-year scheme that illegally funneled him millions in federal money in exchange for using his position as a senior systems engineer and civilian program manager with the U.S. Navy's Naval Sea Systems Command to help...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.