"We are laser-focused on rooting out fraud in the construction industry, including the theft of taxpayer dollars. I thank our partners at the Inspector General's Office for their work on this investigation."
"Prosecutors in Manhattan have a long history of targeting construction schemes in which contractors allegedly inflate invoices, falsify payrolls or route payments through sham subcontractors to siphon public funds."
"Charging documents in earlier investigations describe how padded change orders and M/WBE pass-through arrangements can hide overbilling and divert money from projects and legitimate subcontractors."
"Beyond the threat of criminal charges, construction firms that get caught up in these kinds of cases run straight into city contracting rules."
Vanguard Construction has agreed to a three-year deferred prosecution agreement and forfeited $1.5 million after being accused of a prolonged overbilling scheme related to city contracts. Manhattan District Attorney Alvin Bragg emphasized the commitment to combat fraud in the construction industry, particularly regarding the misuse of taxpayer funds. The investigation revealed tactics such as inflated invoices and falsified payrolls, which have historically been targeted by prosecutors to protect public funds and ensure compliance with city contracting rules.
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