The Department of Justice (“DOJ”) announced that QuantaDyn Corporation (“QuantaDyn”) has agreed to settle civil claims arising from allegations that it engaged in a bribery scheme to steer government contracts for training simulators to the company. As part of the agreement, QuantaDyn will pay $37,757,713.91 in restitution and William T. Dunn Jr., QuantaDyn’s majority owner and CEO, will separately pay $500,000 to resolve his personal False Claims Act liability.
QuantaDyn is a privately held software engineering firm that specializes in the development of training simulation software for the Department of Defense. The settlement resolves allegations centering around QuantaDyn’s bribery scheme to obtain government contracts. DOJ alleges that QuantaDyn formed an illegal partnership with an Air Force contracting official who provided sensitive information related to procurement awards and helped to steer contracts to QuantaDyn in exchange for bribes.
In addition to the civil settlement, QuantaDyn entered a guilty plea to a federal charge relating to the bribery scheme and will pay an additional $6.3 million fine.
Read the DOJ press release here.