QuantaDyn Corp. agreed to pay $38 million to resolve claims it violated the False Claims Act by engaging in a bribery scheme to win government contracts for flight training simulators, the Justice Department announced.
The company’s CEO, William T. Dunn, Jr., allegedly formed a “corrupt partnership” with an Air Force contracting official who provided procurement-sensitive information in exchange for bribes, the DOJ said Tuesday.
This arrangement caused QuantaDyn to submit false invoices to the government, the DOJ said.
Dunn separately paid $500,000 to resolve his personal FCA liability.
The DOJ also said QuantaDyn and the government entered into a ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.