On a hot summer day in 2011, two men sat in a car outside of L’Enfant Plaza in Washington, D.C. Away from any offices, they arranged a secret deal — a $1 million bribe from a contractor in exchange for a $1 billion federal contract.
What the federal contracting officer accepting the bribe didn’t know, however, that the car was wired and the other man was an informant.
David Williams, the U.S. Postal Service’s inspector general, said in a Sept. 6 speech that this example– for which he gave no additional detail — and other schemes prove that federal contracting fraud is lucrative — and that the government needs reinforcements to stop it.
“Bribery, extortion, kickbacks, false claims, foreign corrupt practices, and that’s just the freshman course in this business,” he said.
Keep reading this article at: http://fcw.com/articles/2012/09/06/breeding-ground-contract-fraud-crime.aspx