APTx Vehicle Systems To Pay $2 million To Resolve Procurement Fraud Allegations

December 20th, 2012 by Qui Tam

British Iraq Contractor, APTx Vehicle Systems, agreed to pay $2 million to resolve allegations that it defrauded the U.S. by making false claims in a contract for the procurement of 51 vehicles for the Iraqi Police Authority.  Specifically, APTx falsely submitted shipping documents which indicated that it had produced and was able to ship the 51 vehicles, when in fact none of the vehicles had been built, none were owned by APTx, and none were ready to ship to Iraq.   The settlement arose from a qui tam suit brought by Ian Rycroft, an individual contracted to oversee the transportation of the vehicles. Rycroft’s estate will receive $540,000 as their share of the settlement.   In addition to the civil settlement, APTx will pay a criminal fine of $1 million.

For more information, please see:
http://www.corporatecrimereporter.com/news/200/britcotopleadguilty12102012/

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