A Shrewsbury company will pay $7.6 million under a consent judgement for its role in making false statements to obtain government contracts that were set aside for businesses owned and controlled by service-disabled veterans, U.S. Attorney Philip R. Sellinger announced on Aug. 2.
As alleged in the government’s complaint: VE Source, LLC; the company’s owners, Sherman Barton and Christopher Neary; and a related entity, Vertical Source, LLC, defrauded the federal government by falsely claiming VE Source was eligible for government contracts that were set aside for companies owned and controlled by service-disabled veterans.
VE Source obtained contracts from the U.S. Department of Agriculture and the Defense Logistics Agency, a component of the U.S. Department of Defense, totaling more than $16.5 million.
By obtaining contracts for which they were ineligible, the government alleged that VE Source, Neary and Barton undercut the express Congressional purpose in enacting laws intended to encourage the award of federal contracts to businesses owned and controlled by service-disabled veterans.
In the resolution announced on Aug. 2, VE Source agreed to a consent judgment for $7.6 million in conjunction with its role in the scheme.
The United States entered a separate settlement agreement with Neary, Barton and Vertical Source under which Neary will pay $120,000, Barton will pay $75,000 and Vertical Source will pay $180,000 to resolve claims made in a civil lawsuit filed by the...
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