Ex-Krahl Construction CFO Admits To Role In Billing Scheme

Law360, Chicago (September 21, 2012, 5:39 PM ET) -- The ex-chief financial officer of defunct general contractor Krahl Construction admitted Friday to taking part in a billing fraud and kickback scheme that allegedly cost two clients nearly $11 million combined, joining a handful of other defendants who have pled guilty in connection with the plot.

Ex-CFO Thaddeus Stepniewski pled guilty to one count of mail fraud under a plea deal with the government. Prosecutors said in his plea agreement that the scheme — in which seven Krahl employees and two employees of customer firms have...
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