Bovis Lend Lease Cops To Fraud, Agrees To $56M In Fines

Law360, New York (April 24, 2012, 3:34 PM EDT) -- The construction management company formerly known as Bovis Lend Lease LMB Inc. responsible for New York developments such as Grand Central Terminal agreed on Tuesday to pay up to $56 million in federal fines and restitution to the victims of several fraudulent billing schemes.

Bovis, a subsidiary of Lend Lease Corp. Ltd. that has since changed its name to Lend Lease, admitted that certain members of the company had engaged in conspiracy to commit mail and wire fraud through deceitful billing procedures in connection with the...
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