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Prosecutor: Former Body Armor CEO Spent $350,000—On Pens
A prosecutor says the former CEO of the nation’s leading supplier of military body armor spent more than $350,000 on pens.
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CENTRAL ISLIP, N.Y. (February 5, 2010)--A federal prosecutor says the former chief executive of the nation's leading supplier of body armor to the military spent more than $350,000 on pens, some of which were made of gold or silver.
David H. Brooks, who founded DHB Industries Inc., is on trial, accused of falsely inflating the value of the inventory of the company's top product, the Interceptor vest.
He's also accused of making unauthorized expenditures.
The evidence was presented Thursday during the trial in Central Islip, N.Y.
Brooks denies wrongdoing.
The president of an upscale pen company said on cross-examination that he didn't know whether Brooks gave the pens out for business purposes.
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Posted by: LN
Location: Robinson
on Feb 5, 2010 at 10:10 PM
The last time I checked a private company could charge what they want for a product and buy as many pens as they want to. Oh, wait, these days in the Nobama land of the Socialists everyone has to make the same amount of money and spend the same amount as well, except the Washington politicians.
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