- Associated Press - Wednesday, June 24, 2015

OKLAHOMA CITY (AP) - The founder and president of an Oklahoma City-based company that makes paint remover has pleaded guilty to conspiracy to bribe a public official at the Corpus Christi Army Depot in Texas.

According to a news release from U.S. Attorney Sanford C. Coats, 57-year-old Aerochem founder Christopher Houston Hensley pleaded guilty Tuesday.

Aerochem sold products to the depot. The news release says Hensley and a former Aerochem officer developed a relationship with Richard Balderas Jr., a supervisor of the depot division that stripped paint off military helicopter parts. Prosecutors say the men provided Balderas with entertainment, wire transfers and more than $3,000 in cash in exchange for favorable treatment of Aerochem’s business interests.

Hensley faces up to five years in prison and a $250,000 fine. Balderas has pleaded guilty to accepting a bribe as a public official.


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide