Balfour Beatty pleads guilt for defrauding the US Air Force, Army and Navy and agrees to pay over $65 million in fines and restitution
Balfour Beatty Communities lied about the repairs to pocket millions of dollars in performance bonuses.
US District Judge Emmet Sullivan accepted the company's guilty plea on Wednesday and sentenced it to pay over $65 million, serve three years of probation, and engage an independent compliance monitor for a period of three years. Stacy Cabrera, a former housing manager at Texas’s Lackland Air Force Base who told Reuters she felt pressure to manipulate records to meet the bonus goals, pleaded guilty to major fraud in April.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
One State Is Showing Us How to End America’s Addiction to Highway ExpansionAs money from a trillion-dollar infrastructure bill begins to siphon into state transportation departments, Colorado will be a model for how the country might begin to wean itself off a half-century of highway widenings. awalkerinLA reports
Read more »
U.S. Treasury yields tick lower ahead of U.S. data, markets watch for new Covid restrictionsU.S. Treasury yields dipped slightly on Wednesday as investors continued to monitor government responses to the rapidly-spreading omicron variant.
Read more »
Russian charged by U.S. with insider trading spurned feelers by U.S., UK spiesRussian businessman who appeared in federal court on insider trading and computer hacking charges had previously spurned approaches by US and British intelligence agencies while traveling in Europe, his lawyer told NBCNews
Read more »
The Numerology Of 2022 Is Telling Us That The New Year Is Going To Be A Happy OneNumerology is a belief system based around the idea that the numbers from one to nine have spiritual and symbolic meanings — what's the numerology of 2022? Well, it's telling us that the new year is going to be a happy one:
Read more »
Snow could pile as high as a one-story building for some in the US as others get a rare white ChristmasSanta is bringing the gift of another atmospheric river event to the parched US West Coast this week, with heavy snow and rain and windy conditions predicted in spots from Canada to Mexico
Read more »