Man admits getting $150,000 in kickbacks for US Navy work
A Pennsylvania man who worked for a company that made parts for the U.S. Navy has pleaded guilty to soliciting and receiving $150,000 in kickbacks for providing work to a New Jersey firm.
Christopher Sanchirico pleaded guilty to conspiracy to violate the federal kickback act in Newark on Tuesday.
He lived in King of Prussia and was the assistant purchasing manager for a Philadelphia company that made shock-hardened circuit breakers and switchgears for Navy ships, submarines and aircraft carriers.
Prosecutors say he received between 5 percent and 10 percent of the revenue from work he provided to a Cherry Hill machine shop that gave him kickbacks.
He faces up to five years in prison and a $250,000 fine. He will be sentenced in January.