New York Settles $21.3M Fraud Case Over Veteran Small Business Contracts
The U.S. Attorney's Office in New York has settled for $21.3 million with Broadway Electric, Inc. and Cornerstone Contracting, Inc. for fraudulently obtaining federal contracts meant for service-disabled veteran-owned small businesses. This case signals increased scrutiny for contractors involved in veteran-specific contracts and underscores the importance of compliance and eligibility verification.