Connecticut Man Sentenced for Receiving Over $919,000 in Bribes from Contractors
For Immediate Release
U.S. Attorney's Office, District of Massachusetts
BOSTON – A Connecticut man who held positions involving facility maintenance at three collegiate institutions was sentenced yesterday for receiving $919,066 of bribes in exchange for directing contracts to favored contractors.
Floyd Young, 53, of Shelton, Conn., was sentenced by U.S. District Court Judge Mark G. Mastroianni to eight months in prison. Young was also ordered to pay restitution of $919,066 to the collegiate institutions and forfeiture of $919,066. In August 2020, Young pleaded guilty to one count of conspiracy and three counts of bribery concerning programs receiving federal funds.
Young held positions involving facility maintenance at three collegiate institutions, including American International College, located in Springfield. Young steered contracts for construction, repair, maintenance, and other work for the collegiate institutions to favored contractors who paid him bribes, typically in the amount of 15% of the contract. The contractors inflated the amount of the invoices submitted to the collegiate institutions in order to be repaid the cost of the bribe payment made to Young. In addition, as contractors received payments for work done at the collegiate institutions, they paid Young bribes on a periodic basis. On occasion, Young and the contractors arranged for no-work invoices to be submitted to the collegiate institutions and then split the payment.
Acting United States Attorney Joshua S. Levy and Jodi Cohen, Special Agent in Charge of the Federal Bureau of Investigation, Boston Division made the announcement today. Assistant U.S. Attorney Steven H. Breslow of the Springfield Branch Office prosecuted the case.
Updated December 21, 2023