According to the NY Daily News, U.S. Attorney Loretta Lynch brought the case against giant contractor Bovis Lend Lease for ripping off New York City for tens of millions of dollars. Bovis has admitted to lying to get city contracts and to padding its bills. The company has agreed to pay $50 million in in fines and restitution and one of its executives pled guilty to a single count of fraud conspiracy.
So why didn’t Bovis get charged with a crime? The Daily News says, “Lynch defended the deal saying that if the company were convicted of a crime, it would be debarred from doing government work and have to lay off workers.”
Because they employ so many people, they get a pass on the criminal charges? Loretta Lynch can Bite Me.
Note that most of the fraud happened on Mayor Bloomberg’s watch. A year ago, he got back $5 million for the City. Big whoop. http://www.nytimes.com/2011/01/06/nyregion/06bovis.html?_r=1