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Friday, April 18, 2014

Man Convicted After Selling $US2.6 Million In Cheap Batteries The US Navy Used On Ships

USS New HampshireA former Southern California man who fled the U.S. to live on his yacht has been convicted of selling the U.S. military more than $US2.6 million in cheap, knock-off batteries that were used in aircraft carriers and submarines.

Federal prosecutors say Didier (Did-ee-yay) De Nier was convicted Wednesday of conspiracy and wire fraud. His wife previously pleaded guilty to conspiracy.

De Nier was CEO of a company that sold the government 80,000 batteries that were used as emergency backup power for Navy vessels.

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