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flag Former Intellipeak exec Philip Flores sentenced to 48 months for bribing a Navy official to secure $16M in no-bid contracts.

flag Philip Flores, former president of defense contractor Intellipeak Solutions, was sentenced to 48 months in federal prison for bribery and fraud involving former Naval Information Warfare Center employee James Soriano. flag Flores provided Soriano with over $18,000 in gifts, including premium sports tickets and expensive meals, in exchange for manipulating the SBA’s 8(a) program to secure no-bid contracts for Intellipeak. flag Soriano falsified evaluations, approved inflated invoices, and helped draft contract language to favor Intellipeak despite the company subcontracting most work to non-8(a) firms. flag Flores also charged other contractors 6% to 8% fees for access to sole-source contracts, which were billed to the government. flag Over $16 million in payments were made across 26 contracts, with estimated profits of $550,000 to $1.5 million. flag This was not Flores’s first fraud conviction; in 2022, he was sentenced for similar misconduct. flag Prosecutors stressed that such corruption undermines national security and taxpayer trust, and those who engage in it will face serious consequences.

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