A man was recently convicted of four counts of wire fraud and sentenced to 30 months in prison and a $1 million fine in connection with a scheme of recruiting service-disabled veterans as owners of a construction company to receive specific government contracts. The man was also sentenced to one year of supervised release by the court. There are certain steps that service-disabled veteran should take to avoid being deceived by individuals, because unfortunately government contracts in a variety of industries have been known to engage in fraudulent activity. Some of the most common types of fraud include federal acquisition regulation fraud and government procurement fraud. Individuals including veterans who are aware of third parties performing activity to defraud the government may even be eligible to file whistleblower claims. In the case that an individual becomes aware of fraudulent activity, it is also often a wise idea to retain the assistance of a knowledgeable attorney.
Is Government Contracting Easy Money?
A simple scan of the news on any given day reveals that government contracting can be a lucrative business. “Cray Scores $174M Supercomputer Contract From NNSA,” “DHS Awards $190 Million Contract to Background Check Firm,” and “CGI Federal selected as prime contractor for 10-year, multi-billion dollar GSA OASIS contract” are just a few recent examples.