Former Executive Pleads Guilty to Conspiring to Defraud the City in Bid-Rigging Attempt
June 3, 2010
The former president of a Schaumburg based business admitted in federal court today to participating in a scheme to win a City contract using fraudulent documents and inflated bids. Douglas E. Ritter was to go on trial later this month, along with co-defendant Steven Fenzl, for multiple charges outlined in an April 2009 indictment. The charges were the result of a joint investigation between the U.S. Department of Justice Antitrust Division and the Chicago Inspector General’s Office. Fenzl is still awaiting trial.