Sentences with phrase «by rigging the bidding»

Bloomberg executives defrauded the mega media company by rigging bids and taking kickbacks from contractors, according to reports and court records.

From 2013 through 2015, Aiello, Gerardi and others are accused of conspiring to defraud Fort Schuyler Management Corp. by rigging the bidding process for taxpayer - funded development projects.

From 2013 through last year, Aiello, Gerardi and others are accused of conspiring to defraud Fort Schuyler Management Corp. by rigging the bidding process for taxpayer - funded development projects.

Not exact matches

His Buffalo Billion (as in dollars invested) project — although the subject of federal and state bid - rigging probes — is highlighted by a 1.2 - million - square - foot «gigafactory» that will be run by Elon Musk's SolarCity and fabricate up to 10,000 solar panels per day.

Bid rigging is defined by the Federal Trade Commission (FTC) as any situation in which «business contracts are awarded by soliciting competitive bids... [and there exists] coordination among bidders that undermines the bidding process.»

In 2009 she dismissed a $ 1.4 billion suit brought by developer Sheldon Solow against insurer Conseco, in which Solow accused Conseco of bid - rigging when the firm and Trump sold the GM Building to Harry Macklowe in 2003.

Buffett was not apologizing on behalf of actions taken by himself, but those taken by members of investment bank Salomon Brothers, a New York - based firm that had been caught rigging Treasury bids.

Developer Louis Ciminelli last month was ordered by a federal judge to surrender a firearm purchased and registered under his wife's name as he faces trial in a bid rigging and bribery case.

One of the key players in Rochester's multi-million dollar Photonics institute, Dr. Alain Kaloyeros, was charged for extortion and bid - rigging by both the state attorney general's office and the U.S. attorney's office, raising questions about possible impact on the city's $ 600 million dollar project.

Buffalo developer Louis Ciminelli last month was ordered by a federal judge to surrender a firearm purchased and registered under his wife's name as he faces trial in a bid rigging and bribery case.

U.S. Attorney Preet Bharara's office is investigating Buffalo Billion contracting, while SUNY Poly is under investigation by state Attorney General Eric Schneiderman for potential bid rigging.

By the end of today, the three biggest recipients of state economic development building contracts, plus the governor's Upstate nano - tech czar and SUNY Poly President, and one of the governor's closest aides will all be under federal or state indictment in a sprawling bribery and bid rigging scandal that involves close to $ 2B in state -LSB-...]

Today, three CEOs were indicted by U.S. Attorney Preet Bharara and NYS Attorney General Eric Schneiderman for bribing state officials and successfully conspiring to rig bids.

Other materials the jury may see at the trial in March are charts related to alleged «Rent and Bid - Rigging Schemes» that were prepared by an FBI analyst, prosecutors say in court papers.

By the end of today, the three biggest recipients of state economic development building contracts, plus the governor's Upstate nano - tech czar and SUNY Poly President, and one of the governor's closest aides will all be under federal or state indictment in a sprawling bribery and bid rigging scandal that involves close to $ 2B in state funds.

The money is set to go toward an entity formed by SUNY Poly, which is being investigated for bid rigging by the state attorney general's office.

The money is to be disbursed to an arm of SUNY Polytechnic, which is being investigated by the state attorney general's office over bid rigging.

The money is slated to go toward a subsidiary of SUNY Polytechnic, which is under investigation by the state attorney general's office for bid rigging.

(June 22, 2017, Albany) A coalition of prominent government watchdog groups say Governor Cuomo, Senate Leader Flanagan and Speaker Heastie have completely failed to address the huge problems revealed by last year's alleged rigging of $ 800m in state economic development contracts and that billions of state funds remain at risk for bid rigging and pay to play.

Syracuse, N.Y. — The attorney for two Cor Development executives charged in an alleged bribery and bid - rigging scheme said Friday the case is based on lies by Todd Howe, the government's main witness against them.

A number of current and former senior aides to Cuomo have been caught up in an investigation by U.S. Attorney Preet Bharara into possible contract bid - rigging and kickbacks, while Assembly Speaker Carl Heastie (D - Bronx) has said his use of campaign funds is also being looked at by the FBI.

The defendant, from in or around March 2008 to in or around October 2013, in the County of Monroe, acting in concert with others known and unknown to the Grand Jury, knowingly and intentionally entered into and engaged in and continued to engage in a contract, agreement, arrangement, and combination in unreasonable restraint of combination and the free exercise of activity in the conduct of business, trade, and commerce, specifically, to restrain competition in the bidding process of Monroe County for the Public Safety Contract, by means of bid rigging.

Others surmise that the investigation stems from the Buffalo Billion case, which snared three executives of the LPCiminelli Co. on bid rigging and other corruption charges stemming from a statewide case launched by then - Manhattan U.S. Attorney Preet Bharara.

The quasi-public Fuller Road and Fort Schuyler, placed into ESD custodianship after federal and state prosecutors alleged that bidding processes for construction projects had been rigged by former SUNY Poly president Alain Kaloyeros and others (all of whom maintain their innocence), have not entirely allayed concerns about transparency under their new leadership.

According to the criminal complaints filed on September 22, the main way the bid between the state and LP Ciminelli was rigged was by writing bid specifications that only LP Ciminelli could meet — including one that required the bidder be in business in the Buffalo area for 50 years.

Ghana's Electoral Commission (EC) has denied allegations by the New Patriotic Party (NPP) that it has imported special pens able to erase ink marks on election result sheets in a bid to rig Wednesday's polls.

The charges levied Thursday by Bharara include bribery, bid - rigging and facilitating a pay - to - play scheme in order to ensure that desired contractors - specifically those who have made large cash contributions to the Governor's election campaign - were awarded contracts.

Cuomo's administration is currently under investigation by U.S. Attorney Preet Bharara for possible bid rigging as part of the Buffalo Billion project in Western New York.

Of the prosecution's allegations of harm done by the alleged bid - rigging scheme, one of the defense lawyers called it «entirely speculative and metaphysical.»

The state also paid out $ 7.9 million to pay a company whose leaders were charged by the feds with bid - rigging and corruption in the tainted Buffalo Billion, one of the projects.

The issue fell by the wayside in the budget talks, but had initially been proposed in the wake of the arrests of a half dozen people charged in a bribery and bid - rigging case that included a former close aide to Gov. Andrew Cuomo, the ex-president of SUNY Polytechnic and upstate developers.

In the statement, Cuomo is knocked by McGrath for the bid - rigging and bribery allegations facing the governor's former top aide, Joe Percoco as well as for having «lied about what he knew» in the Bridgegate scandal (claims made that Cuomo and his office strenuously deny).

In fact, the legislature did nothing despite state economic development programs being engulfed by the biggest bid rigging scandal in state history.»

Cuomo's administration has also been investigated by the U.S. attorney's office under the tenure of Preet Bharara, who probed the shuttering of the Moreland Commission and charged a top former aide to the governor in an unrelated bribery and bid - rigging case.

A second trial, centering on alleged bid - rigging of state economic development contracts by the Syracuse executives, former SUNY Polytechnic Institute president Alain Kaloyeros, and real - estate executives from Buffalo, is scheduled for June.

Parrying question after question about Gov. Andrew Cuomo's possible knowledge of and involvement in the alleged bribery and bid rigging schemes unveiled by his office Thursday morning, U.S. Attorney Preet Bharara declined to insinuate the second - term governor was part of any ongoing investigation — even as he leveled his regular critique of corruption in state government.

His bill would restore audit powers that Cuomo took away from his office in 2011 and restrict the ability of public authorities to sign contracts through not - for - profits, like those used by former SUNY Polytechnic Institute Alain Kaloyeros before his arrest in the alleged bid - rigging scheme.

Some of the money in question will flow through non-profit arms of SUNY Poly that prosecutors said were manipulated by Kaloyeros in a bid - rigging scheme.

In an effort to end «bid - rigging,» Morinello proposed a one - year ban on political contributions by companies that are awarded state contracts.

We are still mulling over what he wrote, but we are struck by how cynical it was for the governor to begin his statement with a long attack on CUNY and an attempt to create a false equivalence between CUNY's problems and the $ 800m bid rigging scandal centered around SUNY Polytechnic, SUNY Research Foundation, and state controlled non-profits controlled by his administration.

Government watchdog groups slammed CUNY's bypassing of bidding requirements and noted the Buffalo Billion bid - rigging scandal that has engulfed Gov. Cuomo's administration emanated from a contract managed by not - profit arm of SUNY, Fort Schuyler Management.

Ciminelli has been subpoenaed by federal prosecutors as they look into whether there was potential bid - rigging involving a contract won by his company to build a state - funded $ 750 million SolarCity plant in Buffalo.

Nine former associates of Governor Cuomo, including a former top aide, have been charged by federal prosecutors with corruption including bribery and bid rigging in connection with the procurement of contracts for some of the Governor's largest economic development projects, including the Buffalo Billion.

The CEO of Columbia Development entered a not guilty plea in the bid - rigging case being brought by Attorney General Eric Schneiderman.

The attorney for two Cor Development executives charged in an alleged bribery and bid - rigging scheme said the case is based on lies by Todd Howe, the government's main witness against them.

Lobbyist Todd Howe, now cooperating in widespread bribery and bid - rigging case, appears to have been paid by both the state and a developer in a failed economic development deal.

Percoco was among a slew of defendants named in an 80 - page complaint unsealed by U.S. Attorney Preet Bharara today, outlining schemes to take favorable state actions for an energy company that in exchange employed Percoco's wife (when discussing her salary, Percoco and lobbyist Todd Howe colorfully used the codeword «ziti,» a kind of macaroni, for money — something he lifted from The Sopranos) and to rig bids considered by SUNY Polytechnic University for funding through Cuomo's economic development program, the Buffalo Billion.

LPCiminelli was run by Louis P. Ciminelli until his indictment on federal corruption charges in 2016 for allegedly rigging state construction bids.

The enhanced state oversight came in response to the allegations of bid - rigging involving two SUNY Polytechnic Institute - affiliated nonprofits presented by federal prosecutors in September 2016, the comptroller's office told The Alt at the time.

Changes that lawmakers want to economic development programs were made ripe following allegations by federal prosecutors that the Buffalo Billion and a couple of other big upstate initiatives were part of a massive, alleged pay - to - play, bid - rigging scandal.