Ill. Contractor Cops To $18M Minority Biz Fraud

Law360, New York (March 9, 2011, 5:42 PM EST) -- A construction company owner pled guilty in an Illinois court Tuesday to fraudulently accepting more than $18 million in city and transit authority contracts reserved for minority-owned businesses.

Judge Kevin Sheehan of the Circuit Court of Cook County sentenced Robert Blum, 58, to two years' probation and a $20,000 fine, according to Illinois Attorney General Lisa Madigan. He also hit Blum's company, Markham, Ill.-based Castle Construction Corp., with a $20,000 fine.

Blum pled guilty to two counts of minority business fraud for taking contracts with the...
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