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A former Army Corps of Engineers employee has pleaded guilty in a $30 million bribery and kickback scheme involving the awarding of government contracts, according to Associated Press.
Prosecutors call it one of the most brazen corruption schemes in the history of federal contracting. Inflated contracts were steered to complicit companies; money was skimmed off the top -- and kicked back -- first as cash, then later as BMWs, flat-screen TVs, Rolexes, even payouts to mistresses.
Yesterday in court, one of the orchestrators of the scheme, former Army Corps employee Kerry Khan, pleaded guilty to two felony counts. His son, Lee Khan, is also scheduled to plead guilty.
The two other men, former Army Corps employee Michael Alexander, and Harold Babb, director of contracts at an Alaskan Native-owned small business, have pleaded guilty. Several others have been charged.