The Purchaser of Department of Energy Loan to Pay $29 Million to Settle Alleged Bidding Fraud
The US Department of Justice announced on January 31, 2020, that “Hybrid Tech Holdings LLC, Hybrid Technology LLC, and Ace Strength International LTD, have agreed to resolve allegations that they violated the False Claims Act by colluding to rig the bidding of an auction to purchase the United States Department of En...