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January 15, 2015

Posted  January 25, 2016

US Navy contractor Glenn Defense Marine Asia and its owner and CEO Leonard Glenn Francis pleaded guilty to bribery and fraud charges, admitting to a decade-long conspiracy involving “scores” of US Navy officials, tens of millions of dollars in fraud and millions of dollars in bribes and gifts. As part of his guilty plea, Francis admitted to defrauding the Navy of tens of millions of dollars by routinely overbilling for various goods and services, including fuel, tugboat services and sewage disposal. Francis and GDMA agreed to forfeit $35M and pay full restitution to the Navy. DOJ

Tagged in: Bribery and Bid-Rigging, Defense Contract Fraud, Falsifying Invoices,