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Ex-Teaneck Tech Execs Paid India Government $2M Bribe For New Office Complex, Feds Charge
The former president and former chief legal officers of Cognizant Technology Solutions Corp in Teaneck paid government officials in India a $2 million bribe to pave the way for an office complex that would have supported thousands of employees and been of the company’s largest facilities there, a federal indictment charges.
Steven Schwartz, 51, of Greenwich, Connecticut, and Gordon Coburn, 55, of Beaver Creek, Colorado, approved the payoff to secure the necessary permits for construction, U.S. Attorney Craig Carpenito said Friday.,
To cover up the scheme, the pair and others “agreed that a …
