“Xcel was hired as construction manager for the Garden View project. Xcel hired Ferguson Enterprises Inc. as a subcontractor.
Prosecutors allege Ferguson was involved in both companies and that his involvement was a conflict of interest and violated federal contract laws.
Ferguson is accused of falsifying bids, laundering money and dumping debris on the grounds of the old Herman Gardens public housing site on the west side.
Prosecutors contend Ferguson orchestrated false bids as part of a scheme to make it look like a bid by one of his companies was the lowest.”