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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsContractor Gets Jail After Defrauding Government Out of $346 Million in Contracts Meant for Vets and
MinoritiesA construction company owner who is neither a veteran nor a minority has been sentenced to 28 months in prison for defrauding the government out of $346 million in contracts meant for service-disabled veterans and minorities.
Matthew C. McPherson, 45, of Olathe, Kansas, was also ordered to pay the government back $5.5 million, which was his share of profits from the scheme, the Justice Department said in a news release.
"This contractor not only defrauded the government, but cheated to get contracts that should have gone to firms led by disabled veterans and minority owners," U.S. Attorney Teresa Moore said in the release Wednesday, the day McPherson was sentenced in federal court. "His greed and deception allowed him to enrich himself at the expense of disabled veterans and minority owners."
McPherson had pleaded guilty in June 2019 to one count of conspiracy to commit wire fraud and major program fraud after admitting he participated in a plot from September 2009 to March 2018 to get federal contracts meant for small businesses owned and controlled by veterans, service-disabled veterans and certified minorities, according to the Justice Department.
https://www.yahoo.com/news/contractor-gets-jail-defrauding-government-224313231.html
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Contractor Gets Jail After Defrauding Government Out of $346 Million in Contracts Meant for Vets and (Original Post)
Yo_Mama_Been_Loggin
Jan 2022
OP
mucifer
(23,554 posts)1. 28 months in prison for a millionaire will be very scary. But, he deserves so much more time
than that!
Thomas Hurt
(13,903 posts)2. dick
onethatcares
(16,173 posts)3. 5.5 million to be returned
in a just world they'd take his house, cars, socks and shoes and any other thing he owns and make him work next to the people his scheme defrauded. $5.5 million was only his profit off this scheme.
Baitball Blogger
(46,743 posts)4. Sorry, but not good enough.