30 May '18, 9pm

Contractor Fined $20M For Defrauding Navy

Contractor Fined $20M For Defrauding Navy

WASHINGTON: It might not be a career-ender for Navy officers like we’ve seen over the past several years in the ongoing Fat Leonard scandal, but the Justice Department has won a $20 million settlement with a logistics company that overcharged the Navy for ship husbanding services in ports across Asia, Africa, Panama, North America, South America and Mexico. According to a Thursday DOJ release , Inchcape Shipping Services Holdings Limited overcharged the Navy for years, and was only brought to task when a trio of whistleblowers — all former Inchcape employees — went to the FBI. The U.K.-based company, which operates in 70 countries across the globe and boasts about 3,500 employees, violated the False Claims Act by “knowingly overbilling the U.S. Navy under contracts for ship husbanding services,” the DOJ said. The charges brought by the government in D.C. federal court alle...

Full article: https://breakingdefense.com/2018/05/contractor-fined-20m-...

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