A Florida man who worked as a project manager for a company that has done tens of millions of dollars in energy efficiency work for the US government has pleaded guilty to charges he took more than USD 2.5 million in kickbacks.
Bhaskar Patel, of Windermere, Florida, appeared in federal court in Vermont today.
Patel is facing up to 10 years in prison for violating a law against taking kickbacks and bribes involving federal programmes. The plea agreement also calls for the 67-year-old Patel to make cash restitution and liquidate some of his assets.
Sentencing is tentatively scheduled for December.
Patel's attorney, David Haas, declined to comment on the case today, but said he may have something to say at sentencing.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app