August 11, 2009

And what are you in for? 'Maters...

From the San Francisco Chronicle:
Former Kraft exec gets prison in tomato scandal
A former Kraft Foods purchasing manager was sentenced to two years and three months in prison Tuesday for taking $158,000 in bribes from a broker for a Central California tomato processor, the first prison term imposed in a federal investigation of corruption in tomato products sales.

Robert Watson, 59, of White Plains, N.Y., pleaded guilty in January to defrauding his company by accepting the bribes between January 2004 and April 2008 from Randall Rahal, then a sales broker for SK Foods of Lemoore (Kings County).

In exchange, prosecutors said, Watson made sure that Kraft bought processed tomato products and other items from SK Foods. He also allegedly provided inside information to SK Foods that allowed it to sell 230 million pounds of products to Kraft at inflated prices.

In addition to the prison term, U.S. District Judge Lawrence Karlton of Sacramento ordered Watson to pay $1.85 million to Kraft as restitution for its losses.
Good that they caught him and this can serve pour encourager les autres Posted by DaveH at August 11, 2009 7:11 PM
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