Charge: Boeing subcontractor paid cash for inside info worth millions
ST. LOUIS - A federal grand jury has charged a former Boeing Co. employee and an Everett business owner with fraud after prosecutors say the Everett man paid cash for inside information worth millions of dollars.
The U.S. Attorney's Office in St. Louis says former Boeing procurement officer Deon E. Anderson provided non-public competitor bid information and historical price information to two Boeing subcontractors, leading to orders worth $3.5 million to those subcontractors.
The federal indictment names Jeffery Lavelle of Mukilteo as the main beneficiary of the inside information. Lavelle is the owner of J.L. Manufacturing, an Everett machine shop.
Court papers say Lavelle made cash payments to Anderson in return for information that netted J.L. Manufacturing $2 million in orders for military aircraft parts.
The indictment also levels fraud charges against William Boozer of Globe Dynamics, a Santa Cruz, Calif., parts manufacturer, and Robert Diaz Jr., a Las Vegas aircraft parts consultant.
Anderson worked for Boeing from October 2009 to May 2013. Prosecutors say the information trading began on May 10, 2011, and continued through April 30, 2013.
Court papers note the Boeing Co. had no knowledge of the alleged fraud.