Contractors To Pay $1M To End Small-Business Fraud Claims – Law360

Contractors To Pay $1M To End Small-Business Fraud Claims – Law360

By Morgan Conley (January 13, 2022, 4:34 PM EST) — Two construction companies, one based in Texas and the other in Idaho, agreed to pay $1.15 million to settle allegations that they worked together to fraudulently secure Army construction contracts reserved for eligible small businesses, Colorado federal prosecutors announced.

The U.S. Attorney’s Office for the District of Colorado said in a statement Wednesday that the Native American Services Corp., based in Idaho’s Silver Valley, will pay $750,000 and Mirador Enterprises Inc. of El Paso, Texas, will pay $400,000 to settle the allegations against them. Federal prosecutors allege that the Native American company was pulling the strings behind Mirador’s bid for the…

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Source: https://www.law360.com/texas/articles/1455366/contractors-to-pay-1m-to-end-small-business-fraud-claims