MASSDEVICE ON CALL — Federal prosecutors charged former Ohio Philips Healthcare (NYSE:PHG) facilities manager Pay Boyce, 63, of accepting bribes from a local construction company.
The charges span 18 years of alleged bribes, including construction work on Boyce’s house and the houses of other Philips employees, tickets to athletic events, trips to Las Vegas and thousands in gift cards from construction company DAS Development Inc.
DAS generated about $1.7 million in profits as a result of the bribes, according to Dept. of Justice news release.
DAS executive Steven Wayne Pumper has already pleaded guilty and faces as much as 6 years in prison, according to Cleveland.com.
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