Printer Friendly

NEWBURYPORT DEFENSE CONTRACTOR SETTLES GOVERNMENT'S CIVIL DEFENSE PROCUREMENT FRAUD CLAIMS

 BOSTON,April 6 /PRNewswire/ -- U.S. Attorney A. John Pappalardo today announced that LKM Industries Newburyport, Inc. ("LKM") has agreed to pay $75,000 in settlement of the government's claims that between 1987 and 1989 the company falsely certified that parts it supplied for military aircraft met manufacturing specifications and requirements. During the time period in question, LKM was known as Excel Engineering Corp. and was a Massachusetts corporation principally engaged in the machining and finishing of metal alloy parts for use in turbine engines used by the military.
 On June 3, 1991, the company pleaded guilty to related criminal charges. At the July 29, 1991 sentencing hearing, District Judge Robert E. Keeton imposed a $ $100,000 fine, and reserved the further issue of restitution for separate civil proceedings. Today's agreement concludes those civil proceedings.
 The civil settlement is the result of an investigation conducted jointly by the Defense Criminal Investigative Service and the Federal Bureau of Investigation. The case is being handled by Assistant U.S. Attorney David Abelman of Pappalardo's Civil Division.
 -0- 4/6/93
 /CONTACT: Press Officer of the U.S. Attorney's Office, 617-223-9445/


CO: ST: Massachusetts IN: SU

TM -- NE007 -- 3433 04/06/93 12:21 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 6, 1993
Words:202
Previous Article:APPLIANCE RECYCLING CENTERS OF AMERICAN, INC. EXPECTS LOWER SECOND QUARTER EARNINGS; STRONG THIRD QUARTER STILL EXPECTED
Next Article:REPORTS FIRST QUARTER RESULTS Hartmarx Corp.
Topics:


Related Articles
The call of the whistle-blower.
DEFENSE CONTRACTOR PLEADS GUILTY TO FALSE STATEMENTS
NEW JERSEY DEFENSE CONTRACTOR SETTLES GOVERNMENT'S DEFENSE PROCUREMENT FRAUD CLAIMS
RAYTHEON Resolves Testing Issues for $1,061,392 and Takes Corrective Action, Reports U.S. Attorney.
Raising the bar to meet the next wave of reform.
Corporate fraud on the rise, study says.
Companies must set and review compliance priorities.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters