companies under investigation: Stimulus Funds Given To Companies Currently Under Criminal Fraud Investigation
- 10/27/09 09:09 AM
According to ProPublica.org, President Obama's stimulus dished out $30 million to companies currently under criminal investigation for, of all things, defrauding the government. Six companies were responsible for 112 stimulus projects at military bases all around the country. (source) The companies were controlled by Craig Jackson, an African-American businessman whose firm, Sanders Engineering, has won awards from the Small Business Administration. Jackson established various small businesses owned by friends and family.After winning contracts set aside for small, minority businesses, the companies diverted a significant portion of their earnings back to Jackson or one of his companies. Jackson and his family … (4 comments)
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