Ex-CEO of red-light camera company indicted on corruption charges

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A former chief executive officer of one of the world’s largest makers of red-light traffic cameras was indicted on federal corruption charges Wednesday, along with two city officials in Chicago.

A federal grand jury returned a 23-count indictment against the three, alleging that ex-Redflex CEO Karen Finley provided approximately $570,000 in cash and other improper benefits to an assistant transportation commissioner in exchange for inside information that helped the Phoenix-based company win contracts in Chicago worth as much as $124 million.

For a decade, Finley schemed with city official John Bills to help secure the rights to city contracts by providing him cash, meals, hotel stays, rental cars and golf outings, according to the charges. Redflex funneled more money to Bills through a friend, Martin O’Malley, who was hired as an independent contractor by the company and passed some of his $2 million in compensation back to Bills, the indictment alleges.

"When public officials peddle influence for profit, the consequences are severe," said Zachary T. Fardon, US Attorney for the Northern District of Illinois. "When corporate executives enable that corruption, the same rule applies. We will attack alleged public corruption from every angle.

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Ex-CEO of red-light camera company indicted on corruption charges originally appeared on Autoblog on Thu, 14 Aug 2014 08:45:00 EST. Please see our terms for use of feeds.

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