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3 charged in presidential helicopter scheme

2 years 4 weeks 2 days ago November 06, 2014 Nov 6, 2014 Thursday, November 06 2014 November 06, 2014 12:12 PM in News
Source: Associated Press

COLUMBIA, S.C. - Three men are facing charges in a fraud scheme involving a helicopter fleet that transports the president.

U.S. Attorney Thomas G. Walker said in a news release Thursday that Craig Kolhagen, Dennis Pennington and James Bowling had been indicted on charges including wire fraud and procurement fraud.

Kolhagen is a Marine who does contracting for Marine Helicopter Squadron One, which provides presidential transportation. Pennington and Bowling head up Valour LLC, an Abbeville, Louisiana-based defense contractor.

Prosecutors say Kolhagen illegally gave Pennington and Bowling information about a maintenance contract, then worked with them to inflate a bid proposal by hundreds of thousands of dollars so they could submit an attractive bid to a Camp Lejeune, North Carolina-based committee.

Valour ultimately lost the bid. Court documents did not list attorneys for the men.

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