A Texas businessman has reached a settlement with the U.S. government over allegations that his company, a food services contractor, falsified expiration dates on food products and sold them to the U.S. military during the Iraq war.
Samir Mahmoud Itani and his company, American Grocers Ltd., were ordered to pay $15 million, according to a statement released Friday by the Department of Justice.
Federal prosecutors alleged Itani, his wife and American Grocers bought heavily discounted food from leading food product manufacturers, then altered the dates on the packages and shipped them to the Middle East at a marked-up price.
Read $15M penalty for alleged sale of mislabeled food for troops on CNN Wires
ONLY a fine – I wonder what his net profit will be after paying $15M. It is time, in fact well overdue, that those who seem to feel a freedom to cheat get hammered. Not only a fine, make it big enough to really hurt, and some serious PRISON time, not jail time. I don't care if it is a small guy, or the CEO of some multinational corporation. SEND TO PRISON and maybe, just maybe, people will understand that fraud is BAD, and that their accountants will not be able to make a "business" decision based on just profit.
I REALLY don't want to know what Imitation Boneless Pork Rib is. Why, why, oh why?
Neither do I.
Only a fine?
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