South Florida Men Convicted in Connection with Aircraft Parts Fraud
On January 26, 2012, in U.S. District Court, Miami, Florida, Henry McFlicker and Ayodha "Joe" Persaud, owners of Daytona Aerospace, a South Florida aircraft parts broker and licensed Department of Defense (DOD) contractor, each pleaded guilty to one count of conspiracy to commit aircraft parts fraud.
This investigation was based on allegations that a conspiracy existed in which companies who were not approved by the Federal Aviation Administration (FAA) or DOD, had manufactured aircraft for military and civilian aircraft. As part of the plea agreement, Mr. McFlicker and Mr. Persaud admitted to conspiring with others to knowingly, and with intent to defraud, make a materially fraudulent representation concerning aircraft parts. In addition, Mr. McFlicker and Mr. Persaud admitted to directing another Daytona employee to utilize a traceability documentation spreadsheet, entitled "Trace for All", that was used to generate fraudulent inventory lists, certification forms, and letters bearing various airline corporate logos, that were in turn attached to the shipment of various aircraft parts disguising their true origin.
Sentencing is set for April 5, 2012.
This investigation is being conducted jointly with Defense Criminal Investigative Service, USAF Office of Special Investigations, Federal Bureau of Investigation, Department of Homeland Security/US Immigration and Customs Enforcement, with FAA providing technical assistance.