Multiple Defendants Charged in Fraud and Money Laundering Scheme Involving Over $200 Million in Small Business Contracts

Three former federal contractors have pleaded guilty to charges related to a 12-year fraud and money laundering scheme involving over $200 million in government-funded contracts intended to benefit small businesses. According to the indictment, the individuals operated construction companies with straw owners who qualified as a disadvantaged individual or as a service-disabled veteran, but who did not actually control the companies.