Sports Equipment Sales Professional Pleads Guilty to Long-Running Bid Rigging Schemes and Conspiracy to Defraud Public Schools

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Summary:

A former sales employee, Charles Trimm, and his co-conspirators have been charged with bid rigging and wire fraud in the school sports equipment industry. They allegedly rigged bids to affect prices paid by schools in Mississippi and submitted false documents to obtain this illegal advantage. The Justice Department's Antitrust Division and FBI investigated the case, which is part of an ongoing federal antitrust investigation into bid rigging and other anticompetitive conduct in the school sports equipment industry. If convicted, Trimm faces up to 10 years in prison and a $1 million fine for Sherman Act violations, and up to 20 years in prison, a fine, and restitution for the fraud charge.