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NASA Contractor Pleads Guilty in Laser Fraud

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Stephanie A. Weiss

An excimer laser developer has pleaded guilty to four charges that accuse him of accepting payments for lasers that he did not deliver and accepting services for which he did not pay. In an Aug. 3 plea agreement, Philip D. Bolen of Altamonte Springs, Fla., president of Nexex Corp., admitted to mail and wire fraud, to theft of government property and to making a false statement to a government official. The agreement requires that he make restitution to NASA and to seven other people and companies. Sentencing is scheduled for Oct. 19. A federal grand jury indicted Bolen in May on 55...Read full article

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    Published: October 2001
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