A PYMNTS Company

US: Army official sentenced in record bid-rigging scheme

 |  October 27, 2014

In what prosecutors have described the largest contract bid-rigging scheme in US history, an army official has been sentenced to four years in prison for his role in the conspiracy.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Reports say former Army contracting official In Seon Lim was sentenced to prison after US Attorney for the District of Columbia Rob Machen launched an investigation into allegations of contract bid-rigging.

    Lim was accused of offering confidential bidding information for Army contracts involving communications upgrades in South Korea, say reports. Prosecutors say Lim received kickbacks from the scheme after contractors received a project and submitted false, inflated invoices for the work.

    Reports say the scheme was massive; court documents filed Friday show that Lim sought leniency on grounds that he “only” received $490,000 in bribes. That figure pales in comparison to the approximately $30 million received by Army Corps of Engineer program manager Kerry Khan. Khan is currently serving 19 years in prison for his role as alleged ringleader of the bid-rigging scheme.

    Full content: Washington Times

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.