Navy Veteran Sentenced for $9 Million Fraud Scheme
- Reports
- 2
- Developments
- 2
- Repetition
- 0%
New informationRepeats or wire copies
What happened
Cory Taylor Wright was sentenced to 36 months in federal prison for defrauding the U.S. Navy of over $9 million through a contract-steering scheme. Wright and Juan Carlos Aragon formed a company to submit fake contract bids and fraudulent invoices for services that were never rendered. Aragon pleaded guilty to one count of bribery of a public official and received a one-year federal prison sentence.
Why it matters
The scheme involved securing government contracts for the Navy’s Mobile Utilities Support Equipment Division. The fraudulent activity resulted in a $9.1 million restitution order against the couple associated with Columbus.
Who's involved
- Ventura CountyThe Naval Base unit that was defrauded of over $9 million
- ColumbusThe location where the couple associated with the fraud was ordered to pay restitution
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Ventura CountySpeculative
The Navy’s Mobile Utilities Support Equipment Division might face increased costs or regulatory scrutiny regarding contract oversight.
How it developed
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The entities involved
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Aragon
autonomous community in Spain