Federal Contractor Misconduct Database (FCMD)
Investigation of Alleged Medical Equipment Cartel
Brazilian federal prosecutors allege several companies, including General Electric, took part in a medical equipment bribery and price-fixing scheme from 2004 until 2015. Daurio Speranzini Jr., chief executive of GE’s Latin American division, was one of 24 people arrested in July 2018 for what prosecutors allege was a scheme by Philips, Johnson & Johnson, GE, and other companies that involved bribing government health officials in return for help in inflating prices for an array of medical equipment and supplies.
- Misconduct Type
- Enforcement Agency
- Contracting Party
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- Date of Arrests