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Latest Business News

Feds Seize $660,000 From Ex-Ford Manager

Friday, March 23, 2007 1:23:50 AM
By EMILY FREDRIX

MILWAUKEE (AP) - Federal prosecutors have forced a retired Ford Motor Co. manager to hand over nearly $660,000 he amassed in what they called a kickback scheme with trucking companies that generated millions over several years.

No criminal charges have been filed against John K. Perry, former manager of material planning and logistics at Ford's assembly plant in St. Louis, but a civil lawsuit U.S. Attorney Steven M. Biskupic filed this week in Milwaukee federal court says authorities seized about $660,000 Perry had in a brokerage account.

The scheme, the filing said, involved two trucking companies, one of which had ties to a similar multimillion dollar scheme involving Milton E. Morris, a former transportation director for consumer products giant S.C. Johnson & Son Inc.


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