LOS ANGELES
Navy veteran Cory Taylor Wright, 49, of Columbus, Georgia, has been charged with defrauding the Navy of more than $9 million through a bid-rigging and false billing scheme.
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Wright is charged with wire fraud and has agreed to plead guilty, facing up to 20 years in prison.
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From 2016 to 2022, Wright and a Navy insider (later retired) created C&C Power Solutions LLC, steering contracts to the company.
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The insider ensured CCP received Navy contracts in exchange for kickbacks and benefits, including cash and payments to his sporting club.
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The scheme included:
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Fake bids to secure contracts.
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False invoices for work never performed.
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Bogus documents to hide the insider’s role and financial stake.
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CCP won a lucrative prime Navy contract in 2019, worth tens of millions, before the Navy terminated task orders in 2022–2023.
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Total losses to the Navy: $9,128,515.
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Investigators: Defense Criminal Investigative Service and Naval Criminal Investigative Service.
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Prosecutors: AUSAs Ian V. Yanniello (Terrorism/Export Crimes) and Thomas F. Rybarczyk (Public Corruption/Civil Rights).