Thursday, December 05, 2013

More on Glenn Defense Marine

This is the company that may have committed the largest fraud against the Navy so far in the 21st century and maybe in the 20th century as well. Part of its success can be attributed to their bribing naval officials or to the laziness or stupidity of officials. By some form of magic the firm was able to submit the same reimbursement form a number of times. Many of these forms were, in fact, forgeries. 

During one nine-month period in 2011 and 2012, the company submitted 282 false quotes from subcontractors for incidental services at three ports in Thailand alone, resulting in losses to the Navy of $2.3 million, according to federal criminal charging documents. Similarly, during the same period, Glenn Defense Marine billed the Navy for $4 million in fictitious tariffs at two of the Thai ports, submitting more than 100 fraudulent invoices from purported Thai government agencies that in reality were shell companies, the charging documents show. Glenn Defense Marine also artificially inflated the price of fuel, overbilling the Navy by more than $3 million for just five fuel purchases in Thailand in the fall of 2011, the documents show.

No comments: