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TexasTowelie

(117,040 posts)
Fri Dec 30, 2016, 12:38 AM Dec 2016

Federal authorities reach $4.5 million settlement with defense contractor accused of fraud

Federal prosecutors said Wednesday they had reached a $4.5 million settlement with a defense contractor accused of overcharging the government for information technology work at Joint Base Andrews.

Advanced C4 Solutions, which is based in Tampa, Fla., submitted invoices for work that authorities say it didn't carry out, and for some work it billed at higher rates than was allowed. An employee of the company and a Navy official have been convicted of fraud in connection with the scheme.

Maryland U.S. Attorney Rod J. Rosenstein said the case is an example of the Justice Department working to protect taxpayers.

"Federal authorities will vigorously investigate and prosecute defense contractors that cheat the government," Rosenstein said in a statement.

Read more; http://www.baltimoresun.com/news/maryland/bs-md-andrews-fraud-settlement-20161228-story.html

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Federal authorities reach $4.5 million settlement with defense contractor accused of fraud (Original Post) TexasTowelie Dec 2016 OP
Hmmm 4.5 million $ to settle... AmericanActivist Dec 2016 #1
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