Dive Brief:
- Steven Finberg, the former chief operating officer of bankrupt Adams Produce Co., was indicted by a federal grand jury on Thursday and charged with 33 criminal acts.
- Finberg is the seventh Adams executive to be charged in connection with an alleged fraud involving government contracts for schools and the military.
- Finberg's indictment comes some six months after former CEO Scott Grinstead was sentenced to 16 months in prison in connection with the scandal.
Dive Insight:
The Adams Produce story is an ugly one. And at the rate that these indictments continue to dribble out, it's likely to be some time before the whole, nasty episode is over.
