Saturday, June 23, 2018
News Roundup

Former Army Reserve lieutenant colonel gets prison time for defrauding military

A former lieutenant colonel in the Army Reserve was sentenced to 42 months in federal prison Friday for defrauding the military.

David Young, 51, of Hernando Beach, pleaded guilty in federal court in Utah to charges of disclosure of procurement information and money laundering.

Young traded confidential information about a military contract bid, which earned him $9.4 million.

He is scheduled to begin his sentence Aug. 4.

The Tampa Bay Times has written extensively about Young since 2011, when federal agents raided his 5,197-square-foot home.

In 2007 Young worked with the U.S. government to help train Afghan security forces. The government solicited a bid for companies to handle the contract, and Young happened to know the owner of American International Security Corp., a company interested in bidding.

Co-conspirator Christopher Harris' plea agreement outlines that Young shared with Harris and the company's owner, Michael Taylor, confidential information about the government's price estimate and competitors' bids.

American International Security Corp. won that bid, and Harris profited $17 million because of it. In Harris' plea agreement he says he wired $9.4 million of that amount to Young through various sources.

Young originally denied any wrongdoing.

"I was raised right by my parents," he told the Times. "I knew right from wrong."

Prior to his legal problems, he was one of the youngest state legislators in New Hampshire history at the age of 21. He joined the Army, served in the Persian Gulf War, became a Green Beret, was awarded a Bronze Star and was called a hero. When he returned to New Hampshire he earned his law degree.

Friends thought he seemed destined to run for governor or U.S. Senate.

But in 2006 he was disbarred for misusing his client's settlement money. Two years later the government court-martialed Young, saying he took two Navy Humvees in Afghanistan.

He moved to Florida shortly after, hoping for a fresh start.

He could not be reached for comment Friday.

Weston Phippen can be reached at [email protected] or (727) 893-8321

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