A company that provides military housing on Fort Gordon and many other U.S. bases will pay more than $65 million in fines and restitution for fraud.
Balfour Beatty Communities LLC, one of the nation’s largest providers of privatized military housing to the U.S. Armed Forces, pled guilty Wednesday to defrauding the Army, Air Force, and Navy in a fraudulent scheme to obtain performance bonuses by submitting false information to the U.S. military.
BBC entered the plea, pursuant to plea agreement with the United States, before U.S. District Judge Emmet G. Sullivan in the District of Columbia. Under the terms of the plea agreement, BBC agreed to pay more than $33.6 million in criminal fines and over $31.8 million in restitution to the military, serve three years of probation, and engage an independent compliance monitor for three years.
“Instead of promptly repairing housing for U.S. service members as required, BBC lied about the repairs to pocket millions of dollars in performance bonuses,” said Deputy Attorney General Lisa O. Monaco. “This pervasive fraud was a consequence of BBC’s broken corporate culture, which valued profit over the welfare of servicemembers. Today’s global resolution sends a clear message to companies that if they do not maintain adequate compliance programs, voluntarily self-disclose misconduct, and fully cooperate with the government, they will pay a price that outweighs the profits they once reaped.”
Separately, BBC entered into a False Claims Act...
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