Tuesday, January 8, 2008

Feds Launch Fraud Probe at Port of Seattle

The U.S. Department of Justice announced yesterday that they will investigate possible fraud in the construction management contracting practices at the Port of Seattle. The probe is triggered by the December 20, 2007 report of the Washington State Auditor's Office that found that the Port wasted close to $100 million through their contracting practices. The audit report indicated that fraud was a possibility given the way the Port managed the contracts.

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