The founder and former president of a bulletproof vest manufacturing company will pay the U.S. more than $1.3 million to settle allegations of fraud stemming from a whistleblower lawsuit. The U.S. Department of Justice said that to resolve the lawsuit, Robert David, the former head of now-defunct Second Chance Body Armor, will relinquish $1.2 million in assets previously frozen by the U.S. government and pay an additional $125,000 — an amount based on his ability to pay. Second Chance made many of its bulletproof vests with Zylon fiber produced by Toyobo Co. of Japan, then sold the bulletproof vests to ... Read More
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