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Schiavone, Skanska Subsidiary Investigated for Fraud

Two of the nation’s major construction companies are under federal investigation, suspected of defrauding government programs.

November 24, 2010

Two of the nation’s major construction companies are under federal investigation, suspected of defrauding government programs on some of the biggest public-works projects in and around New York City, according to people briefed on the inquiries.

The projects under scrutiny include the city’s $2.8 billion Croton Water Treatment Plant and the Metropolitan Transportation Authority’s $1.4 billion Fulton Street Transit Center in Lower Manhattan, the people briefed on the investigations said.

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--New York Times

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