flexiblefullpage -
billboard - default
interstitial1 - interstitial
catfish1 - bottom
Currently Reading

World Trade Center contractor found guilty of minority-owned business fraud

Legislation

World Trade Center contractor found guilty of minority-owned business fraud

The company used two minority firms as fronts in a nearly $1 billion scheme.


By Peter Fabris, Contributing Editor | August 24, 2016

Pixabay Public Domain

A Manhattan federal jury found a Canadian contractor guilty of defrauding a program to promote minority- and woman-owned businesses in the construction of the World Trade Center. 

Prosecutors alleged that DCM Erectors and its owner Larry Davis used two minority firms as administrative fronts while DCM, in an attempt to avoid paying millions of dollars to minority firms, did all the work itself. The value of the steel work at the Freedom Tower and World Trade Center Transportation Hub projects was nearly $1 billion.

Lawyers for the company and Davis said they will appeal the verdict and that the minority firms did the work they were supposed to do on the projects. Prosecutors alleged that Davis falsified records to make it appear that minority contractors performed the work.

Related Stories

| Sep 13, 2022

California building codes now allow high-rise mass-timber buildings

California recently enacted new building codes that allow for high-rise mass-timber buildings to be constructed in the state.

| Sep 8, 2022

U.S. construction costs expected to rise 14% year over year by close of 2022

Coldwell Banker Richard Ellis (CBRE) is forecasting a 14.1% year-on-year increase in U.S. construction costs by the close of 2022.

| Sep 2, 2022

Converting office buildings to apartments is cheaper, greener than building new

Converting office buildings to apartments is cheaper and greener than tearing down old office properties and building new residential buildings.

| Aug 29, 2022

Montana becomes first U.S. state to approve 3D printing in construction

Montana is the first U.S. state to give broad regulatory approval for 3D printing in building construction.

| Aug 26, 2022

Idaho Building Code Board considers gutting large part of state energy code

Idaho Building Code Board considers gutting large part of state energy code.

| Aug 25, 2022

New York City’s congestion pricing aims to reduce traffic, cut carbon

Officials recently released an environmental assessment that analyzes seven different possible pricing schemes for New York City’s congestion pricing program.

| Aug 23, 2022

New Mass. climate and energy law allows local bans on fossil fuel-powered appliances

A sweeping Massachusetts climate and energy bill recently signed into law by Republican governor Charlie Baker allows local bans on fossil fuel-powered appliances.

| Aug 22, 2022

Gainesville, Fla., lawmakers moved to end single-family zoning

The Gainesville City Commission recently voted to advance zoning changes that would allow duplexes, triplexes, and quadplexes to be built on land currently zoned for single-family homes.

| Aug 19, 2022

Future sea rise could expose 720,000 more people on East Coast to flooding

An analysis by NPR based on modeling from the National Hurricane Center for New York City, Washington, D.C., and Miami-Dade County found future sea rise could expose about 720,000 more people to damaging floods later this century.

| Aug 16, 2022

DOE funds 18 projects developing tech to enable buildings to store carbon

The Department of Energy announced $39 million in awards for 18 projects that are developing technologies to transform buildings into net carbon storage structures.

boombox1 - default
boombox2 -
native1 -

More In Category




halfpage1 -

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021