Schiavone, Skanska Subsidiary Investigated for Fraud

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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