‘Greed at all costs’: Eight execs and six companies indicted over fraudulent construction schemes | amNewYork

  • 📰 amNewYork
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 59%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Manhattan District Attorney Alvin Bragg unveiled on Tuesday the indictment of eight people and six companies in what he called a wide-ranging construction industry fraud scheme.

This announcement comes on the second day of National Construction Safety Week and highlights the plight many construction workers have befallen due to corruption where their well-being is disregarded and compensation for injuries are swept under the rug.

It was this level of disregard for construction workers and an insatiable greed that triggered a red flag for investigators when they noticed suspicious check-cashing activities. According to the Manhattan DA’s Office’s Rackets Bureau, these check-cashing activities were observed during a separate investigation into individuals who received bribes for Minority and Women-Owned Business Enterprises fraud schemes.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 336. in BUSİNESS

Business Business Latest News, Business Business Headlines