Belgian Security Firm Embroiled in Multimillion-Dollar Antitrust Conspiracy
G4S Secure Solutions NV Agrees to Plead Guilty to Rigging Bids and Fixing Prices for Defense-Related Security Services
G4S Secure Solutions NV, a Belgian security firm, has agreed to plead guilty to its role in a conspiracy to rig bids, allocate customers, and fix prices for defense-related security services, including a multimillion-dollar contract issued in 2020 to provide security services to the U.S. Department of Defense for military bases and installations in Belgium.
This is the first international resolution obtained by the Procurement Collusion Strike Force (PCSF). Acting Assistant Attorney General Richard A. Powers of the Justice Department’s Antitrust Division said, ‘The Procurement Collusion Strike Force is committed to safeguarding public procurement at home and abroad from collusion that cheats American taxpayers out of the benefits of competition for critical goods and services.’
The FBI is committed to rooting out corruption and fraud against the United States wherever it occurs. Assistant Director in Charge William F. Sweeney Jr. of the FBI’s New York Field Office said, ‘Today’s announcement demonstrates the strength of our collaborative efforts to investigate and prosecute anticompetitive, fraudulent conduct that harms U.S. taxpayers.’
The charge filed in the U.S. District Court for the District of Columbia alleges that G4S participated in the conspiracy from spring 2019 through summer 2020. Between 2019 and 2020, G4S and its co-conspirators participated in a conspiracy to allocate security services contracts in Belgium among themselves and to determine the prices at which contracts would be bid.
In addition to agreeing to plead guilty, G4S has agreed to pay a criminal fine of $15 million. The company began cooperating with the United States in April 2020 and will continue to cooperate in the ongoing investigation. The plea agreement is subject to court approval.
The Antitrust Division’s New York Office is prosecuting the case, which was investigated with the assistance of the FBI’s International Corruption Unit New York Field Office, the DCIS’ New York Resident Agency and the Transnational Operations Field Office, the U.S. Army CID’s Major Procurement Fraud Unit, and other PCSF partners in Europe.
Prosecutors said that G4S and its co-conspirators targeted contracts for security services to the U.S. Department of Defense and the North Atlantic Treaty Organization Communications and Information Agency, which is funded in part by the United States.
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Key Facts
- State: Federal
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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