STAMFORD, Conn. -- A Stamford man Monday admitted paying bribes in order to secure a contract between his metallurgical technology company and a medical device company, U.S. Attorney in New Jersey Paul J. Fishman said.
Eugene Ostrovsky, 56, pleaded guilty before U.S. District Judge Madeline Cox Arleo in Newark federal court to an information charging him with violating the Federal Travel Act.
According to documents filed in the case and statements made in court, Ostrovsky was a principal at a metallurgic technology company in New York. Ostrovsky admitted that he and others sought a multimillion-dollar supply contract with a medical device company in New Jersey. From 2012 through 2013, Ostrovsky and others paid approximately $70,000 in bribes to an employee of the medical device company – Daniel Lawrynowicz, 47, of Monroe, N.Y.– in return for Lawrynowicz’s assistance in securing the contract.
The count of violating the Federal Travel Act carries a maximum potential penalty of five years in prison and a $250,000 fine, or twice the gross gain or loss from the offense. Ostrovsky must also forfeit $1.1 million as part of the guilty plea. Sentencing is scheduled for June 29.
Click here to sign up for Daily Voice's free daily emails and news alerts.