On Friday, the President of Aerospec Inc., Paul Skiscim, was sentenced to 26 months in prison and three years of supervised release. Skiscim and Aerospec were accused of committing fraud by continuing to provide airplane parts to the U.S. Department of Defense despite being debarred from entering into contracts with the department in 2013. The defendant has also been ordered to pay restitution of $420,000 and forfeit monies and properties with a total value of roughly $1 million.
Court documents show that Aerospec Inc. was a supplier of airplane parts for the Department of Defense from 2003 until 2013. At that time, Skiscim and the company were debarred after supplying defective airplane parts to the DOD. Skiscim later pleaded guilty to the allegations, but continued to bid, contract and supply airplane parts to the federal government through several shell companies and while using the names of relatives and fictitious individuals.
Since 2013, the shell companies received more than $2.8 million for supplying airplane parts to the DOD. 63-year-old Paul Skiscim of East Northport, New York has been sentenced to 26 months in prison for his involvement in the scheme.