The co-owner of an insulation contracting firm 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.
Michael S. Flynn entered a guilty plea May 1, 2019, to allegations he conspired with other insulations contractors to fix bids for installing insulation around ducts and pipes, according to a release from the U.S. Department of Justice. The scheme went on for seven years, beginning in 2011, according to the release.
Related: DOJ Sentences Contracting Firm Co-Owner To Prison Over Bid-Rigging
“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.”
