Former Va. CEO Imprisoned for Illegally Winning Contracts

View Comments
File photo of a gavel in a courtroom. (credit: Thinkstock)

File photo of a gavel in a courtroom. (credit: Thinkstock)

Latest News

ALEXANDRIA, Va. — The former CEO of an Arlington security contractor has been sentenced to six years in prison for illegally winning more than $150 million in government contracts that were supposed to have been set aside for disadvantaged and minority-owned businesses.

Fifty-three-year-old Keith Hedman had been CEO of Protection Strategies Inc. In March Hedman admitted that he secretly controlled another Arlington firm, Security Assistance Corp., where he had installed a Portuguese-American woman as figurehead CEO so it could be eligible for preferential treatment on government contracts.

Hedman also admitted paying $50,000 in bribes to a government employee for help in winning contracts.

Hedman personally profited by $1.5 million from the scheme.

The six-year sentence was close to what prosecutors sought and more than the one- to two-year term sought by the defense.

Follow WNEW on Twitter.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus