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Insulation company owner pleads guilty to bid-rigging NYPH contracts

By  |  July 12, 2012

David Porath, the owner of an insulation service company, has pleaded guilty to bid-rigging contracts for New York Presbyterian Hospital (NYPH) re-insulation services. From 2000 to 2005, Porath’s co-conspirators submitted intentionally high bids so that Porath’s lower bid would win his company the contract.

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    Three companies and two individuals that defrauded NYPH were sentenced yesterday. The DOJ is continuing to investigate kickback schemes and fraud at NYPH.

    Full content: DOJ Press Release

     

    Related content: Interview: Update on “Screens for Conspiracies and Their Multiple Applications”

     

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