NJ Contractor To Pay $20M To End Fraud Probe

Law360, New York (November 29, 2010, 7:38 PM EST) -- A New Jersey construction firm has agreed to pay $20 million to avoid prosecution for fraudulently claiming that it hired disadvantaged and women- and minority-owned subcontractors to work on several major public works projects in New York.

As part of its nonprosecution agreement, Schiavone Construction Co. LLC admitted that some of its former employees fraudulently reported that it was using disadvantaged business enterprises and minority- and women-owned business enterprises as subcontractors for federally funded projects from 2002 to 2007, the U.S. Attorney for the Eastern District...
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