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US contractor investigated for overcharging(Louis Berger Grp. managing over $1B in recons.contracts)

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maddezmom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-14-10 12:49 PM
Original message
US contractor investigated for overcharging(Louis Berger Grp. managing over $1B in recons.contracts)
Source: WaPo

WASHINGTON -- Federal prosecutors are investigating whether a U.S. contractor managing more than $1 billion in reconstruction contracts in Afghanistan overcharged the government.

~snip~

The revelation came in court filings related to a Louis Berger executive's federal lawsuit attempting to block efforts to keep his stock holdings in escrow while the investigations continue. Louis Berger, based in Morristown, N.J., is a major player in U.S.-funded reconstruction projects in Iraq and Afghanistan.




Read more: http://www.washingtonpost.com/wp-dyn/content/article/2010/08/14/AR2010081401856.html
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dipsydoodle Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-14-10 01:32 PM
Response to Original message
1. Whoops
unrec'd by accident - sorry. :(
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mbperrin Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-14-10 02:07 PM
Response to Original message
2. After they're proven guilty, they'll have to take home a note to mommy and
get it signed. AND they'll only have a few months to return the note!

Stern action soon!




















Yeah.
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