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Former President of Asphalt Paving Company Sentenced in Michigan Bid Rigging Conspiracy

Summary by Small Business Trends
The former president of a Michigan-based asphalt paving company has been sentenced to prison and ordered to pay a substantial fine for his role in a multiyear bid rigging scheme that defrauded customers and undermined competitive contracting. Daniel L. Israel, former president of Asphalt Specialists LLC (ASI) in Pontiac, was sentenced on May 22 to six months in prison and fined $500,000 after pleading guilty to conspiring with Al’s Asphalt Pavin…
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Small Business Trends broke the news in on Monday, May 26, 2025.
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