By KIMBERLEY HAAS
The last of seven defendants in a bid-rigging and fraud scheme that targeted Yale University and Pepsi was sentenced to 15 months in prison and ordered to pay over $1 million in restitution.
Michael Flynn was sentenced in Bridgeport, Conn., on Friday of last week, according to officials at the U.S. Department of Justice.
The bid-rigging and fraud scheme, which ran for nearly seven years, involved the installation of insulation around pipes and ducts on construction projects at universities, hospitals, and other public and private entities in Connecticut, according to a press release.
“This fraud and deception of the public and commercial consumer has ended with this sentence,” Jean Pierre Njock, acting special agent in charge of the FBI’s New Haven Field Office said in a statement.
Prosecutors say the victims include Yale University, PepsiCo. Inc., University of Connecticut, the City of Hartford, and Stamford Hospital.
“This defendant’s collusive conduct victimized hospitals, universities and businesses throughout Connecticut,” U.S. Attorney for the District of Connecticut Vanessa Roberts Avery said. “This prison term and the penalties imposed on all individuals and companies involved in this scheme should deter others from engaging in such criminal, anti-competitive behavior.”
Assistant Attorney General Jonathan Kanter of the Justice Department’s Antitrust Division said bid rigging and fraud are serious crimes.
“This sentence reflects the division’s commitment to seeking appropriate punishment for criminal antitrust violations and ensuring that victims of antitrust crimes are made whole,” Kanter said.
Flynn will be responsible for paying $1,062,155 in restitution in addition to his prison sentence.
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