Bid Rigging

Lawsuit filed by Target alleges massive fraud by contractor

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“Target Corp. filed a federal racketeering lawsuit in Minneapolis Friday, alleging that it has been systematically defrauded by a contractor it hired in 2009 to oversee about $100 million in repairs and maintenance on its parking lots around the country.

The company alleges that LCH Pavement Consultants of Pearland, Texas, conspired with paving contractors in California, Wisconsin, Texas and Illinois to inflate prices, rig bids, fix prices, misrepresent work being done and distribute kickbacks.

It’s unclear from the lawsuit how much Target claims it was damaged, though it appears to be in the millions of dollars. The company is seeking triple damages, with the precise amount to be proven at trial.”

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$12M bid-rigging federal trial includes testimony on contractor’s bond

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“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.”

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Filed Under: NewsTagged: ,Bid Rigging, Fraud