NJ Construction Co. Owner Admits To Role In Bid-Rigging

Law360, New York (November 15, 2013, 9:28 PM EST) -- A New Jersey construction company owner pled guilty midtrial on Thursday to a federal fraud-related count, admitting to his role in a scheme to funnel $350,000 in bribes to a state official and port terminal operator in exchange for help securing lucrative contracts.

George Chrysanthopoulos, vice president of Tarheel Enterprises Inc., based in Morgan, N.J., pled guilty before U.S. District Judge Joel A. Pisano to one count of conspiracy to commit honest services fraud. The charge was in connection with a scheme in which Chrysanthopoulos paid...
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