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11-30-2009, 03:30 AM
Companies have fraudulently collected at least $100 million in federal contracts from a $4 billion government program designated for disabled military veterans who run small businesses, congressional investigators charge. The Small Business Administration failed to check if companies were eligible for the no-bid contracts for veterans with service-related injuries, allowing, for example, a contracting employee at a military base in Tampa, Fla., to improperly funnel a $900,000 Air Force contract to his wife's firm. Moreover, because there are few penalties for companies found ineligible, many were still being handed tens of millions of dollars in government work even after they were found to be flouting the rules, according to a recent Government Accountability Office report.
For more information:
http://www.google.com/hostednews/ap/article/ALeqM5gDeDlnGSLAuIvqpBgEjw18uogQUgD9C2MCJO4
For more information:
http://www.google.com/hostednews/ap/article/ALeqM5gDeDlnGSLAuIvqpBgEjw18uogQUgD9C2MCJO4