The captain of a plastics manufacturing company is under arrest in California for allegedly accepting bribes in exchange for the sale of his products.
The arrest of Jeffrey A. Crain, 58, comes as federal prosecutors are preparing to unseal charges against four other executives in the scheme, according to court documents.
The charges against the other executives include conspiracy to commit bribery, conspiracy to defraud the government, and wire fraud.
Craine is the company’s president and chief executive officer, according the Los Angeles Times.
The Los Angeles Police Department said Monday that Crain was arrested on suspicion of conspiracy to violate the Foreign Corrupt Practices Act and wire bribery.
Caine has been employed by the company since 1997.
The Associated Press is not naming Crain as he was not charged in a criminal complaint.
He was released on $5,000 bail and is scheduled to appear in court again in October.
The company that manufactures the plastic kitchen sink and other plastic products is known as Crain Industries.
The company’s chairman is Gregory Crain.
The investigation is being conducted by the U.S. Attorney’s Office in Los Angeles and the U;s Department of Justice’s Organized Crime and Corruption Task Force.