Gunreference1
08-05-2010, 03:36 AM
Thursday, Aug. 05, 2010
Defense contractor settles in fraud probe
A South Carolina defense contractor has agreed to pay the U.S. government more than $1 million to resolve fraud allegations related to a contract with the Defense Department.
U.S. Attorney Bill Nettles said Wednesday the Defense Department paid nearly $435,000 to Columbia-based FN Manufacturing LLC to mentor minority-owned companies. But the government says FN never provided some of the mentoring and contracted out some of the services, an action that violated the company's contract.
FN is a subsidiary of FN Herstal of Belgium. The company makes the popular M-16 rifle.
A message left with company officials Wednesday was not immediately returned.
http://www.thesunnews.com/2010/08/05/1620617/the-carolinas.html
Steve
Defense contractor settles in fraud probe
A South Carolina defense contractor has agreed to pay the U.S. government more than $1 million to resolve fraud allegations related to a contract with the Defense Department.
U.S. Attorney Bill Nettles said Wednesday the Defense Department paid nearly $435,000 to Columbia-based FN Manufacturing LLC to mentor minority-owned companies. But the government says FN never provided some of the mentoring and contracted out some of the services, an action that violated the company's contract.
FN is a subsidiary of FN Herstal of Belgium. The company makes the popular M-16 rifle.
A message left with company officials Wednesday was not immediately returned.
http://www.thesunnews.com/2010/08/05/1620617/the-carolinas.html
Steve