Contractor for 1 WFC lied to get minority contracts

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Freedom Tower 4-6-2013August 1, 1014- The Post reports, “Federal authorities on Thursday charged a Canadian steel contractor with falsely obtaining hundreds of millions of dollars in World Trade Center construction contracts earmarked for minority- or women-owned businesses.

Larry Davis, president of DCM Erectors Inc., appeared in Manhattan federal court to face charges that he set up a front company, purporting to be a woman-owned business, when in fact he had DCM do the steel work itself or subcontracted it out to other non-women- or minority-owned companies.

Davis, 63, whose company has scored nearly $1 billion in WTC construction contracts in both the both the public and private sector, was charged with wire fraud and wire fraud conspiracy. He was released on $100,000 bail after appearing before Magistrate Judge Debra Freeman and faces up to 20 years behind bars.”

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