OTHER NEWS - Aug. 27, 1992
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3 Get Probation in Aerospace Fraud: A federal judge in Seattle has spared three former aerospace industry executives from jail following their guilty pleas to tax fraud charges involving the use of prostitutes, cash and other gifts to win business. U.S. District Judge Barbara Rothstein sentenced the former officials of VSI Corp. to periods of home detention and probation, and ordered them to perform community service and to make restitution. The three men, all California residents, pleaded guilty July 5 to conspiring to defraud the federal government between January, 1982, and December, 1988. Carson-based VSI is the world’s largest maker of high-tech nuts, bolts and rivets.
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