Former VECO head goes to prison

Posted: Wednesday, January 13, 2010

ANCHORAGE - A key player in Alaska's political corruption cases has reported to a federal prison in California.

Bureau of Prisons spokesman Edmond Ross said Bill Allen arrived Tuesday morning at the low-security Terminal Island federal correctional institution.

Allen is the former chief executive of oil field services company VECO Corp. who pleaded guilty to bribery, conspiracy and tax violations.

His sentencing on the 2007 plea was delayed until October, when he was sentenced to three years and ordered to pay a $750,000 fine.

Allen was not taken into custody until he checked into prison.

Ross said Rick Smith, a former VECO executive who pleaded guilty to the same charges, had not yet reported to prison.

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