Contractor Admits Role In $23M Iraq Kickbacks Scheme

Law360, New York (May 9, 2012, 4:56 PM EDT) -- A former defense contractor involved in a $23 million scheme to manipulate U.S. Army contracts in Iraq pled guilty in Alabama federal court Tuesday to conspiring to commit mail and wire fraud and filing a false tax return.

Billy Joe Hunt, a former deputy program manager for Parsons Corp., a Pasadena, Calif. contractor, conspired with foreign subcontractors and his boss Gaines R. Newell Jr. to solicit and receive bribes from the subcontractors in exchange for the award or extension of the subcontracts, according to the plea...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

USA v. Hunt


Case Number

5:11-cr-00382

Court

Alabama Northern

Nature of Suit

Date Filed

September 28, 2011

Companies

Government Agencies

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.