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Criminal Investigation | Feb. 4, 2015

Malvern Company Pays $265,000 To Resolve Overbilling Allegations

Silicon Power Corporation, a manufacturer of semiconductor devices and high-power utility systems in Malvern, Pennsylvania, has agreed to pay $265,000 to resolve civil allegations that the facility overbilled and mischarged the United States Army under two contracts, announced United States Attorney Zane David Memeger.