Construction fraud scheme faked ties to minority, women-owned businesses: Manhattan DA
newscatcher
2023-05-03 01:31
Construction fraud scheme faked ties to minority, women-owned businesses: Manhattan DA
Lev Radin/Pacific Press/LightRocket via Getty Images (NEW YORK) -- Eight people and six companies have been charged in a series of indictments with pervasive fraud and corruption in the construction industry, motivated by 'greed at all costs," Manhattan District Attorney Alvin Bragg Jr. said Tuesday while announcing the indictments. The defendants allegedly deceived government agencies that award projects to minority and women-owned businesses (MWBE). The Manhattan District Attorney's Office is charging the drywall and carpentry company JM3 Construction, its owner Lawrence 'Larry' Wecker, project manager Michael Speier, and other co-conspirators for allegedly taking part "in multiple criminal schemes to increase their business and revenues to the detriment of their workers and fair competition within this industry," Bragg said.

https://wadk.com/national-news/30f4502018787db6a2035307cae98407

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