Birmingham asphalt exec Dan Israel sentenced for role in federal bid-rigging scandal

Birmingham asphalt exec Dan Israel sentenced for role in federal bid-rigging scandal

Robert Snell, The Detroit News A former asphalt paving company owner was sentenced to six months in federal prison Thursday for rigging bids, one of the most severe punishments issued in a rare federal antitrust prosecution that has led to the convictions of seven people and almost $10 million in fines. Bid rigging orchestrated by Asphalt Specialists LLC co-founder and former majority owner Dan Israel, 63, of Birmingham victimized almost four do…

Asphalt Exec Sentenced 6 Months for $22M Bid-Rigging Scandal - USA Herald

A federal judge has sentenced Daniel Israel, former president and co-founder of Asphalt Specialists Inc. (ASI), to six months in prison for his role in a $22 million bid-rigging conspiracy. On Thursday, U.S. District Judge Gershwin A. Drain handed down the sentence, emphasizing the need for prison time to deter white-collar crime and protect fair