Former Marine Hose Executive Who Was Extradited to United States Pleads Guilty for Participating in Worldwide Bid-Rigging Conspiracy

by Gary Kopycinski on April 24, 2014

Gary Kopycinski Author

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Court Sentences Executive to Serve Two Years in Prison

Washington, DC—(ENEWSPF)—April 24, 2014. A former executive of a rubber hose manufacturer, who was extradited from Germany in early April 2014, today pleaded guilty and was sentenced to serve two years in prison for participating in a conspiracy to rig bids, fix prices and allocate market shares of marine hose sold in the United States and elsewhere, the Department of Justice announced.