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 Swiss/Jewish contractors get $9 billion food contract for US army

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Jacob Gold
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PostSubject: Swiss/Jewish contractors get $9 billion food contract for US army   Mon Dec 08, 2014 10:41 pm


Swiss contractor to pay $434 million for overcharging U.S. on food, water


WASHINGTON (Reuters) - Swiss firm Supreme Foodservice GmbH pleaded guilty on Monday to overcharging the United States for food and bottled water it provided to U.S. armed forces in Afghanistan and will pay $434 million to resolve a series of related cases, according to court documents.

The company had contracts worth $8.8 billion between 2005 and 2013 with the U.S. military, through which it received $48 million in illegal profits, prosecutors said.

The settlement includes $288 million paid in connection with the guilty plea and $146 million to resolve civil U.S. claims, some of which were originally brought by a whistleblower. The cases were investigated by federal prosecutors and Justice Department lawyers in Pennsylvania, Virginia, Illinois and Washington, D.C.

The company, formerly known as Supreme Foodservice AG, engaged in the fraud by using a middleman to mark up prices on local produce and obscure inflated prices for bottled water, according to the plea agreement.

Prosecutors said the inflated prices included a 125 percent mark-up on non-alcoholic beer.

“The department will pursue contractors that knowingly seek taxpayer funds to which they are not entitled," Joyce Branda, head of the Justice Department's civil division, said in announcing the agreements.

The company said in a statement it regretted and accepted responsibility for its past actions, and that it had implemented new compliance processes.

(Reporting by Aruna Viswanat
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Bob Saget
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PostSubject: Re: Swiss/Jewish contractors get $9 billion food contract for US army   Mon Dec 08, 2014 10:55 pm

They ran all the chow halls in Afghanistan, they hired mostly Pakis and Indians.
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Vidarr
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PostSubject: Re: Swiss/Jewish contractors get $9 billion food contract for US army   Tue Dec 09, 2014 12:01 am

Here 's your 10% cut of the deal.

How to legally split the loot.


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EyeBelieve
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PostSubject: Re: Swiss/Jewish contractors get $9 billion food contract for US army   Tue Dec 09, 2014 12:54 am

Saw an American Greed episode about 2 women who ran a small parts distribution business, later they got into gov't contracting. One of 'em made a mistake (?) & overcharged...then after gov't didn't notice the mistake the light bulb went off in her head. They soon started wildly overcharging, like 100x what item was worth. Got away with it for years, prolly would never have been caught except they were so damn greedy their invoices were not even in realistic ballpark so easy for auditors to spot.

The women didn't seem to be Jewish but who knows. Their business was in southern heavily-military area so yeah, they weren't so popular after getting busted.

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wag
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PostSubject: Re: Swiss/Jewish contractors get $9 billion food contract for US army   Tue Dec 09, 2014 11:29 pm

I would like to read that small print of that contract for it requires and doesn't require.

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