News articles on Black Market Activities

Iraq contractor made $450,000 selling fuel on black market

A contractor working in Iraq pleaded guilty for selling Iraqi fuel on the black market. 

From the AP (via Google News):

A former Army contractor pleaded guilty Tuesday to stealing nearly $40 million worth of jet and diesel fuel from a U.S. Army base in Iraq and selling it on the black market.

Lee W. Dubois, 32, of Lexington, S.C., faces up to 10 years in prison when he is sentenced on a single count of theft of government property. He also will be required to pay restitution.

Federal sentencing guidelines could recommend a term as long as nine years, Dubois’ lawyer said.

Dubois had been a captain in the Army dealing with contract issues until he took a job in September 2007 with Kuwait-based Future Services General Trading and Contracting Co.

In a plea hearing in U.S. District Court, Dubois admitted he and others used false paperwork to draw more than 10 million gallons of fuel from Camp Liberty in Baghdad between October 2007 and May.

The fraudulent paperwork allowed Dubois and others to drive fuel trucks up to the base and withdraw tens of thousands of gallons of fuel per day, according to court records.

Dubois personally earned at least $450,000 from the scheme.

Post Metadata

Date
October 8th, 2008

Author
havocscope

Category


Leave a Reply