The former CEO of Arizona-based Redflex Traffic Systems Inc. has pleaded guilty to using bribery to help her company land lucrative red light camera contracts with the city of Chicago.
55-year-old Karen Finley stood before a federal judge in Chicago on Friday to enter a guilty plea to one count of bribery conspiracy. She now faces a maximum five years in prison when she is sentenced next year.
Prosecutors say she funneled hundreds of thousands of dollars to a retired Chicago official to secure $124 million in city contracts. Her sentencing was set for Feb. 18, 2016.
