Body Armor Executive Indicted for Massive Fraud

A Story Ignored: Body Armor Executive Indicted for Massive Fraud

Two weeks ago, I learned of the indictment of David H. Brooks, the founder and former CEO of Point Blank Solutions, Inc., and its COO Sandra Hatfield for insider trading, fraud, obstruction of justice, and tax evasion to the tune of nearly $200 million dollars.

Point Blank Solutions, Inc., formerly DHB Industries, is a leading U.S. manufacturer of body armor for our troops and law enforcement, manufacturing more than a million Interceptor body armor units that have been standard issue to our troops in Iraq and Afghanistan for the last several years.

The downfall of David H. Brooks is, at its heart, a story that combines the worst elements that have come to define the Bush administration; combining corruption reminiscent of Enron, questionable sole-source contracts awarded to companies unable to produce the lifesaving equipment need for war, and greed and excess on an unconscionable scale. The consequence of these dealings has been disastrous for our troops in harms way , too many of whom, without enough or properly manufactured body armor, ended up paying the ultimate price.



http://www.huffingtonpost.com/rep-louise-slaughter/a-story-ignored-body-arm_b_71524.html

This is what is important today.

Enough with the silliness in this forum.

That is absolutely disgusting.

Sheesh. They'd sell our rights and liberties to the highest bidder on any given day.

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=389&topic_id=2230896

Why aren't the Dems spotlighting these crucial pieces of news?

if anybody in the world should fry it's Mr David H Brooks. This piece a shit knowingly sold defective body armor to the government andactively discouraged any competition even though he was aware it was superior to his product. How many service members died because of his greed? Not only should he hang but whoever in the pentagon that went aloong with this scam should hang right next to him.

And there needs to be an investigation of how far up the food chain this went. And anybody involved should fry too.

And yes I'll volunteer to throw the switch.