Criminal Law

McPherson Contractors guilty in $346M fraud, abusing veteran programs

Kansas based contractor, Matthew C. McPherson, has pled guilty to defrauding the federal government by bidding on and accepting payment for construction contracts set aside for small businesses and service-disabled veterans and minorities.

McPherson and his co-conspirators were accused of setting up what is referred to as a Rent-A-Vet, Rent-A-Minority or Small Business fraud scheme in order to abuse federal programs promulgated under the Veteran Entrepreneurship and Small Business Development Act of 1999 (the “SDVOSB” program) and Section 8(a) of the Small Business Act (the “8(a)” program) intended to provide opportunities to service-disabled veterans and certified minorities in federal government contracting.

Read the source article at lexblog.com

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