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Iraq War whistleblowers announce $108.75 million settlement with KBR over accusations of fraud, waste and abuse of taxpayer funds in Iraq - Vimarsana News

Iraq War whistleblowers announce $108.75 million settlement with KBR over accusations of fraud, waste and abuse of taxpayer funds in Iraq

/PRNewswire/ --Two whistleblowers have announced that a 12-year litigation with KBR Services has been settled for $108.75 million, the largest cash settlement...

Schneider Electric admits to scheme to overcharge government agencies - Press Release - Vimarsana News

Schneider Electric admits to scheme to overcharge government agencies - Press Release

Schneider Electric admits to scheme to overcharge government agencies Schneider Electric Buildings Americas, Inc. (Schneider Electric), a nationwide provider of electricity solutions for buildings and data centers with its principal place of business in Carrollton, Texas, will pay $11 million to resolve criminal and civil investigations relating to kickbacks and overcharges on eight federally-funded energy savings performance contracts (ESPCs), the Department of Justice announced today. Under the contracts, Schneider Electric was to install a variety of energy saving upgrades such as solar pa...

Schneider Electric admits to scheme to overcharge government agencies - Vimarsana News

Schneider Electric admits to scheme to overcharge government agencies

Federal Energy Savings Performance Contracts Bilked Vermont Business Magazine Schneider Electric Buildings Americas, Inc. (Schneider Electric), a nationwide provider of electricity solutions for buildings and data centers with its principal place of business in Carrollton, Texas, will pay $11 million to resolve criminal and civil investigations relating to kickbacks and overcharges on eight federally-funded energy savings performance contracts (ESPCs), the Department of Justice announced today. Under the contracts, Schneider Electric was to install a variety of energy saving upgrades such as ...