Ridgefield resident and insulation contractor Michael S. Flynn was sentenced to 15 months”™ imprisonment and forced to pay a restitution of more than $1 million for his participation in bid-rigging and fraud schemes targeting public and private entities in Connecticut.
According to a guilty plea entered on May 1, 2019, Flynn acknowledged conspiring with other insulation contractors to rig bids and engage in fraud on contracts for installing insulation around pipes and ducts on construction projects from June 2011 to March 2018. Among the organizations that fell victim to this scheme were the University of Connecticut, the City of Hartford, PepsiCo. Inc., Stamford Hospital and Yale University.
Six other individuals and companies have pled guilty to criminal conduct arising out of this investigation. Flynn was the last of the seven defendants sentenced.
“Bid rigging and fraud are serious crimes with serious consequences,” said Assistant Attorney General Jonathan Kanter of the Justice Department’s Antitrust Division. “This sentence reflects the division”™s commitment to seeking appropriate punishment for criminal antitrust violations and ensuring that victims of antitrust crimes are made whole.”