Thursday - January 16, 2025
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Justice Dept.: 3 Men Indicted for Multimillion-Dollar Accounting Fraud Scheme at U.S. Navy Shipbuilder
WASHINGTON, March 31 -- The U.S. Department of Justice issued the following news release: A federal grand jury returned an indictment yesterday charging three Alabama men with orchestrating an accounting fraud scheme at Austal USA LLC, a Mobile-based shipbuilder that constructs vessels for the U.S. Navy, including the Independence-class Littoral Combat Ship (LCS). Austal USA is a wholly owned subsidiary of Austal Limited, an Australian company that is traded over-the-counter in the United State  more