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Tuesday, April 24, 2012

Feds: $40M settlement with NYC construction firm - KLAS-TV

NEW YORK (AP) - A federal prosecutor has announced criminal charges and a $40.5 million settlement related to an investigation of a construction company involved in New York City projects including the stadium where the New York Mets play and the Sept. 11 Memorial.

Court papers in Brooklyn show Lend Lease U.S. Construction, a division of an international construction company, was accused of defrauding federal, state and local government contracting agencies by falsely billing them from 1999 to 2009. The government also criminally charged one company executive.

A phone message left at a company office in New York wasn't immediately returned.

The company was formerly named Bovis Lend Lease. It changed its name after a fatal fire during its demolition of the former Deutsche (DOY'-chuh) Bank building in lower Manhattan.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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