Aventura Technologies, based out of Long Island, New York, was just busted by the government after allegedly having fraudulently sold security gear to the U.S. military for years, racking up millions in federal contract money.
According to Aventura’s website, which as of November 12 is still up and running, the company claimed to be a “true single-source manufacturer providing end-to-end hardware and software solutions.”
Some of these hardware solutions included ground-based radar, turnstiles, and closed-circuit television systems, all of which the company claimed were manufactured in America. Between 2007 and 2018, Aventura reportedly supplied various branches of the U.S. military with over $20 million dollars of said equipment.
From November 2010 to the present day, it’s estimated that Aventura pulled in over $88 million in sales to both the government and the private sector.
The sting that eventually brought down Aventura was a few years in the making, including an anonymous tip in 2017, and the discovery of Chinese lettering on a body camera by Air Force personnel the following year.
Keep reading this article at: https://www.militarytimes.com/off-duty/gearscout/irons/2019/11/14/this-new-york-based-company-was-just-caught-allegedly-selling-chinese-made-hardware-to-the-dod/
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The event promotes the exchange of ideas and collaboration between U.S. innovative technology startups and Chinese investors, strategic partners and professional services firms. It serves as a platform for competition where innovative U.S. companies can win the opportunity to travel to China to pitch their business in highly sought-after Chinese innovation hubs. Business can meet industry-specific investors and partners with fund sizes larger than $50 million.
