A group of sham companies sold the US Navy $2.7 million worth of nothing

A group of sham companies sold the US Navy $2.7 million worth of nothing

A Virginia man helped bilk the US Navy out of nearly $200,000 by setting up a sham company to sell the service nonexistent training devices, say federal prosecutors. Michael Kitrel, 42, was charged this week with conspiracy to commit larceny of government money. “The potential damage from procurement fraud extends well beyond financial losses,” explains a 2018 report from the Department of Defense (pdf).