Look Inside “One of the Most Brazen” Federal Contract Frauds Ever


Federal authorities in Washington, D.C., say they have broken up “one of the most brazen” schemes in federal contracting history, reports the Washington Post. A team of savvy contractors and government employees allegedly inflated invoices by $20 million, approved them, and split the proceeds. Millions of dollars in kickbacks were allegedly paid to federal contractors and U.S. Army Corps of Engineers contracting officers.

They lived large — on the taxpayers' dollar. Porsches, real estate, flat-screen televisions, and Cartier watches. When the contract was running out, a second scheme was hatched but it ended with the October arrests of four men, including two federal employees, on bribery and money-laundering charges. The crime went undetected by regulators until authorities came across it while investigating an unrelated fraud.

Comments are closed.


You have Free articles left this month.

Want access to all our reporting? Subscribe for unlimited access or login.