Aventura Technologies and seven of its employees charged with illegally importing Chinese-made security and surveillance equipment and claiming it to be made in the United States.
Seven of Aventura Technologies employees including Jack Cabasso, the company’s founder, and managing director faced a lawsuit about manufacturing its security and surveillance products in China and putting fake “Made in the USA” labels on the equipment.
Aventura denied the allegation
Aventura Technologies, a company based in the Long Island town of Commack, is selling surveillance cameras and other equipment used on US military installations for years. Prosecutors alleged in a criminal complaint unsealed Thursday in federal court. The company which has clients including private sector companies refused the allegation.
“Because of misrepresentations made to the US government, Aventura was paid tens of millions of dollars for Chinese manufactured surveillance systems that ended up on Army and Air Force bases, in Department of Energy facilities, on Navy installations and even on US aircraft carriers,” U.S. Attorney Richard Donoghue said.
The alleged scheme had been going on for more than 13 years. The owners and operators of Aventura grew rich trading our national security for personal profit.
Jack Cabasso leading the company as its de facto CEO, his wife, Frances and four other executives accused of conspiracy to commit wire and bank fraud. According to the U.S. Attorney’s Office for the Eastern District of New York, which is overseeing the case, Jack Cabasso was arrested and charged. $3 million in assets and seized a 70-foot yacht was frozen by the government.
After the indictment, security solutions providers expect the Security Industry Association (SIA) to release a statement.
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