The Blogiston Post

Politics, money, and war.

Saturday, August 20

An Iraqi Company

Former employee of Halliburton subsidiary pleads guilty to accepting kickbacks
A former employee of a Halliburton Co. subsidiary pleaded guilty Friday to accepting more than $100,000 in kickbacks from an Iraqi company in exchange for securing it a U.S. military construction contract, prosecutors said.

Glenn Allen Powell, 40, of Cedar Park, Texas, will be sentenced Nov. 18 in federal court for major fraud against the United States and violating the anti-kickback act. He faces 10 years in prison on each count and up to $1.25 million in fines.

[...]

In exchange for $110,300 in kickbacks, Powell recommended the Iraqi company for a $609,000 subcontract to renovate four buildings into office and warehouse space, prosecutors say. Prosecutors declined to name the company.

1 Comments:

At 6:24 AM, Blogger emily said...

Your blog is great! It's hard to find blogs with good content and people talking about investment fraud these days! I have a secret investment fraud blog if you want to come check it out!

 

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