Michael S. Flynn was sentenced to 15 months in prison and more than $1 million in restitution after pleading guilty to participating in bid-rigging and fraud schemes targeting private and public entities in Connecticut.
He entered a guilty plea May 1, 2019, to allegations he conspired with other insulation contractors to fix bids for installing insulation around ducts and pipes, according to a release from the US Department of Justice.
Victims reportedly included the University of Connecticut, the City of Hartford, PepsiCo. Inc., Stamford Hospital, and Yale University.
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“Bid rigging and fraud are serious crimes with serious consequences,” said Assistant Attorney General Jonathan Kanter of the Justice Department’s Antitrust Division. “This sentence reflects the division’s commitment to seeking appropriate punishment for criminal antitrust violations and ensuring that victims of antitrust crimes are made whole.”
“This defendant’s collusive conduct victimized hospitals, universities and businesses throughout Connecticut,” said U.S. Attorney Vanessa Roberts Avery for the District of Connecticut. “This prison term and the penalties imposed on all individuals and companies involved in this scheme should deter others from engaging in such criminal, anti-competitive behavior. I thank the FBI, DCIS, and the Antitrust Division for their efforts in bringing these perpetrators to justice.”
