Contractor Pleads Guilty in Bribery, Bid-Rigging Case
April 11, 2013
A northern Virginia technology contracting firm and its former president pleaded guilty Thursday in U.S. District Court in Washington to bribery charges in what prosecutors call the largest bid rigging scam in federal contracting history.
The company, Nova Datacom, admitted paying more than $15 million in bribes to three officials in the Army Corps of Engineers and the Army, according to prosecutors.
The investigation found more than $30 million bilked by corrupt contractors and officials through inflated and bogus invoices.
Nova Datacom’s former president, Min Jung Cho, 44, faces up to five years in prison and the company faces up to $79.2 million in fines.