Oh Sung Kwon pleads guilty in Army Corps of Engineers bribery scheme
A Vienna, Va. businessman pleaded guilty Wednesday to charges stemming from the bribery of an Army official in exchange for government contracts.
Oh Sung Kwon, 47, pleaded guilty in D.C. federal court to one count each of bribery, conspiracy to commit bank fraud and willful failure to file a tax return.
He faces up to 21 years in prison.
Kwon, the co-founder and chief executive officer of Avenciatech, Inc., is one of 12 people who pleaded guilty for their roles in what the government calls “the largest domestic bribery and bid-rigging scheme in the history of federal contracting.”
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