Indictment alleges fraud, bribery in $54 million military contract

Posted at 4:17 PM, Aug 22, 2012
and last updated 2012-08-22 18:17:14-04

SALT LAKE CITY – A federal grand jury in Utah has handed up a 72-count indictment against three people and a company alleging bribery and fraud in military contracts going to Afghanistan.

The indictment accuses Floridan David Young of using insider information to help American International Security Corporation secure a military contract. Michael Taylor and Christopher Harris are accused of paying for and using that information.

The US Attorney’s Office claims that taxpayers gave the company $54 in a fraudulent contract.

“The indictment is about the bidding process, the protected information which was inappropriately shared as part of that process, the conspiracy to obtain that information and to share it and the use among the conspirators of millions of dollars of taxpayer funds,” said David Barlow, US Attorney for Utah.

The men will be issued a summons to appear in federal court.