Eight people and six companies have been charged in a series of indictments with pervasive fraud and corruption in the construction industry, motivated by “greed at all costs,' Manhattan district attorney says.
Manhattan District Attorney Alvin Bragg speaks at a press conference after the arraignment of former president Donald Trump in New York, April 4, 2023.Eight people and six companies have been charged in a series of indictments with pervasive fraud and corruption in the construction industry, motivated by “greed at all costs," Manhattan District Attorney Alvin Bragg Jr.The defendants allegedly deceived government agencies that award projects to minority and women-owned businesses .
Manhattan District Attorney Alvin Bragg speaks at a press conference after the arraignment of former president Donald Trump in New York, April 4, 2023.“These defendants, as charged, enriched themselves at the expense of a program intended to assist minority and women-owned businesses, by deceiving city and state government entities, part of a series of frauds that shortchanged workers and undermined fair competition,” New York City Department of Investigation Commissioner Jocelyn E.
“We have zero tolerance for anyone seeking to defraud the city and harm minority and women-owned businesses," New York City Department of Housing Preservation and Development Commissioner Adolfo Carrión Jr. said in the statement announcing the charges. “We stand by our commitment to diversifying who the city does business with and we thank the Manhattan District Attorney’s office for bringing these bad actors to light.
The DA further alleges that JM3 and Wecker inflated the price of a nearly $10 million drywall contract by $400,000, so the company could pay $50,000 to Adrian Esparragoza, a general contractor who gave them the contract.
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