-
U.S. Foodservice Suppliers Surrender to Federal Authorities in Financial Fraud Case
WASHINGTON -- Seven suppliers to Ahold's Columbia, Md.-based U.S. Foodservice division this week surrendered to federal authorities and agreed to plead guilty to conspiracy charges for helping the company overstate its earnings targets, according to published reports. The men could face up to five years in prison and a $250,000 fine each. The charges were brought by the U.S. Attorney for the Southern District of New York.