DETROIT-- Daniel Bealko, a former General Motors aluminum trader who admitted being part of a multimillion-dollar kickback scheme, has been sentenced to nearly six years in prison.
Bealko, formerly of suburban Detroit, was sentenced yesterday in the U.S. District Court for the Northern District of Illinois, said Randall Samborn, a spokesman for the U.S. Justice Department office in Chicago.
Besides his 70-month prison sentence, Bealko was ordered to pay $6.5 million in restitution to GM, the spokesman said.
The former aluminum trader pleaded guilty in November to charges related to a scheme to divert sales of aluminum from GM to third parties in return for kickbacks that cost the automaker more than $80 million.
Bealko unexpectedly left his position at GM in early 2004.