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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 2 sources · 26 days · First seen · Last updated
GSA federal contractor fraud investigation
Overview
The General Services Administration (GSA) has identified more than $13 billion in suspected fraud involving approximately 1,000 federal contractors. This investigation, which began in March, covers a wide range of issues including COVID-19 spending, bid rigging, bribery, and cybersecurity-related false claims.
One specific case highlighted during this crackdown involved Broadway Electric Inc. and Cornerstone Contracting Inc. The companies, along with executives John Oehler and Christian Blake, agreed to pay $21.3 million to settle False Claims Act allegations. The scheme, which operated from 2017 to 2025, allegedly used service-disabled veteran-owned small businesses as fronts to secure public contracts, with the executives retaining the majority of the funds.
Entities
Broadway Electric Inc. · Cornerstone Contracting Inc. · Small Business Administration · General Services Administration · John Oehler
Timeline
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17 days ago
[BUSINESS] 2 sourcesGSA uncovers $13B in suspected fraud involving 1,000 contractorsThe GSA has uncovered over $13 billion in suspected fraud involving roughly 1,000 federal contractors, covering areas such as COVID-19 spending, bid rigging, and Small Business Administration programs.
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about 1 month ago
[CRIME] 2 sourcesU.S. Government Recovers $21.3 Million from Veteran Contract FraudThe GSA recovered $21.3 million from Broadway Electric and Cornerstone Contracting for a veteran‑contract fraud scheme, rewarding whistleblowers with $3.67 million.
Sources
breitbart.com · freerepublic.com