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Inchcape charged with fraud for hundreds of millions of USD

Whistleblowers have filed charges against Inchcape Shipping Services for, among other things, overcharging the US Navy for services provided by Inchcape. The US Department of Justice has now entered the case. 

Photo: Rotterdam Havn

Inchcape in the US is charged with defrauding the US Navy in relation to contracts totaling hundreds of millions of dollars, as the company as subcontractor provided services to the Navy while the vessels in its fleet were berthed in ports in the US, South America, Asia and elsewhere.

The charges include inflating the scope of services and amount of work provided under the contract, exceeding the tariffs stipulated in the contract as well as charging double for certain services, reports US-based Law360.com.

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