COVINGTON, Ky. — An executive with G.S. Electech is scheduled for prosecution and to beg guilty to swindling to supply bids and repair prices for vehicle antilock stop tools commissioned in American cars.
U.S. District Judge David Bunning in Covington, Kentucky, on Wednesday will manage a conference for Shingo Okuda, who is indicted of similar to coordinate bids and repair prices of automotive tools submitted to Toyota.
According an indictment, Okuda’s impasse in a swindling lasted from during slightest as early as Jan 2003 until during slightest Feb 2010.
In May 2012, G.S. Electech Inc. pleaded guilty and was condemned to compensate a $2.75 million rapist excellent for a purpose in a conspiracy.
G.S. Electech Inc. makes, assembles and sells a accumulation of automotive electrical parts, including speed sensor handle assemblies.