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Valor's president bought luxury cars, homes, jewelry, yacht after company issued fake cards in NYC for required 40-hour training, Manhattan D.A. says.

Michael M. Santiago/Getty Images(NEW YORK) -- A company and six of its executives were charged Wednesday in New York with allegedly operating a sham safety school that said it certified thousands of construction workers as properly trained when, in fact, it had not, prosecutors say.Prosecutors said the alleged fraud cost at least one worker, Ivan Frias, his life in 2022 in a fall from the 15th floor of a job site on the Upper West Side.According to the indictment, Valor Security and Investigations purported to have trained 20,000 construction workers between December 2019 and April 2023, claim...

Michael M. Santiago/Getty Images(NEW YORK) -- A company and six of its executives were charged Wednesday in New York with allegedly operating a sham safety school that said it certified thousands of construction workers as properly trained when, in fact, it had not, prosecutors say.Prosecutors said the alleged fraud cost at least one worker, Ivan Frias, his life in 2022 in a fall from the 15th floor of a job site on the Upper West Side.According to the indictment, Valor Security and Investigations purported to have trained 20,000 construction workers between December 2019 and April 2023, claim...

A company is accused of churning out thousands of construction safety certificates without actually training workers.

Valor Security and Investigations and six of its executives were charged with allegedly operating a sham safety school that said it certified thous...