+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Man Convicted After Selling $2.6 Million In Cheap Batteries The US Navy Used On Ships

Apr 18, 2014, 06:54 IST

LOS ANGELES (AP) - A former Southern California man who fled the U.S. to live on his yacht has been convicted of selling the U.S. military more than $2.6 million in cheap, knock-off batteries that were used in aircraft carriers and submarines.

Advertisement

Federal prosecutors say Didier (Did-ee-yay) De Nier was convicted Wednesday of conspiracy and wire fraud. His wife previously pleaded guilty to conspiracy.

De Nier was CEO of a company that sold the government 80,000 batteries that were used as emergency backup power for Navy vessels.

Authorities say De Nier and his workers removed "Made in China" markings and slapped counterfeit labels on the batteries indicating they came from approved manufacturers.

De Nier fled in 2012 and lived on his yacht in the Caribbean. He was arrested last fall in the Virgin Islands.

Advertisement

Copyright (2014) Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article