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Tech Executive Indicted for $3.8M Fraud Scheme

12/23/2025

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Story summary
  • Victor Marquez, a 53-year-old tech executive from Maryland, was indicted on conspiracy to commit wire fraud and major fraud in an IT contract scheme.
  • Prosecutors say Marquez rigged bids and received more than $3.8 million in kickbacks, dubbed the "Vic Tax."
  • Two co-conspirators, James Briar and Robert Fay, have pleaded guilty.
  • A trial date has not been set.
  • If convicted, Marquez could face up to 20 years in prison.