How to Succeed in Business By Selling Chinese Ammunition

From Elizabeth Newell:

The 23-year old arms dealer at the center of the AEY, Inc. contracting scandal has regained access to $4.2 million frozen at the start of his trial for procurement fraud, the Miami Herald is reporting. Efraim Diveroli, indicted on charges of selling banned Chinese-made ammunition to the Army, was given renewed access to the money after prosecutors realized it came from the company’s Defense contracts but not directly from the illegal munitions sale.

As the Miami Herald’s Jay Weaver points out, Diveroli’s troubles are far from over. Prosecutors are seeking to recover $10.3 million, and Diveroli’s Mercedes-Benz, if they win convictions in the September trial.