Friday, March 23, 2012

California Executive Pleads Guilty to Tomato Price-Fixing

How to get rich - cheat

http://www.wgrz.com/news/national/article/162228/2/California-Executive-Pleads-Guilty-to-Tomato-Price-Fixing

3:58 PM, Mar 23, 2012
DON THOMPSON
Associated Press

SACRAMENTO, Calif. (AP) - A former California food company owner has pleaded guilty to racketeering in a national tomato price-fixing plot.

Frederick Scott Salyer entered the plea Friday in federal court in Sacramento. The 56-year-old is scheduled for sentencing July 10 and remains free on $6 million bail.

Salyer was charged with bribing purchasing managers to buy tomato products from his company, Monterey-based SK Foods.

Prosecutors say he fixed prices and rigged bids for the sale of tomato products to McCain Foods USA Inc., ConAgra Foods Inc. and Kraft Foods Inc.


[...]

..

No comments:

Post a Comment