bARABie – Hard Hitting Facts

October 27, 2007

Body Armor executive indicted for fraud

Filed under: Uncategorized — barabie @ 7:26 am

Body Armor Execs Indicted For Fraud, CEO and COO of Supplier To Troops Allegedly Manipulated Records to Inflate Stock, Pocket $200M

David H. Brooks, 53, the former CEO of DHB Industries Inc., and Sandra Hatfield, 54, the former chief operating officer, were charged in a superseding indictment with manipulating DHB’s financial records to increase earnings and profit margins, thereby inflating the price of DHB’s stock.

David H. Brooks became notorious for throwing his daughter a $10 million Bat-Mitzvah at the same time his body armor was accused of defects that endangered the lives of our troops wearing it.What we need to find out is just how this particular crook GOT the contract in the first place? Who agreed to pour millions of US tax dollars into this guy’s pockets in exchange for armor that doesn’t really protect our kids?


And why?


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