August 8, 2018
Posted August 8, 2018
The former CEO of Wellco Enterprises, Inc., Vincent Lee Ferguson, was sentenced to 41 months in federal prison for his role in a scheme to sell boots to the Department of the Defense and others as “Made in the U.S.A.,” when the boots were, in fact, made in China. The company instructed its Chinese manufacturing facility to include tear-away “Made in China” labels on the boot uppers, and then instructed employees at Wellco’s New Jersey facility to remove the labels. The company sold over $8 million in fraudulently-marked boots. USAO E.D.Tenn.
Tagged in: Defense Contract Fraud, Government Procurement Fraud, Trade Agreements,