Sugar Land business owner pleads guilty to 9-year fraud scheme

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الإمارات العربية المتحدة أخبار أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

A Sugar Land business owner has admitted to conspiring to commit mail fraud, U.S. Attorney Alamdar S. Hamdani, announced via a news release on Monday.

business owner has admitted to conspiring to commit mail fraud, U.S. Attorney Alamdar S. Hamdani, announced via a news release on Monday.

Officials said Sudhakar Kalaga admitted that from 2010 to 2019, he engaged in a bribery and bid rigging fraud scheme to secure construction and maintenance work contracts from a company with a manufacturing facility in Houston. Officials stated Kalaga admitted he submitted fake bids from non-existent construction companies to victim company's facilities manager. This was designed to make it appear his companies' bids were the lowest.

Then in return, according to the release, Kalaga paid the facilities' manager millions of dollars in kickbacks. Kalaga failed to disclose he was submitting falsified bids and paying kickbacks from the victim company's own funds. The victim company would not have paid Kalaga's companies' invoices had it known about the falsified bids or the kickback payments, officials said. Kalaga faces up to five years in federal prison and a possible $250,000 maximum fine.

 

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الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين