flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Chicago contractor found guilty of fraud on city’s requirement on minority-owned businesses

Contractors

Chicago contractor found guilty of fraud on city’s requirement on minority-owned businesses

Alleged to have been sham business in bid to win city public works contract.


By Peter Fabris, Contributing Editor | June 30, 2016
Chicago contractor found guilty of fraud on city’s requirement on minority-owned businesses

Construction in Chicago. Photo: Paul Morgan/Creative Commons.

A jury found Chicago contractor Elizabeth Perino guilty of four counts of fraud for allowing two other major contractors to use her company as a "pass-through" in order to meet minority goals on city work, according to CBS Chicago.

Prosecutors said that Perino's certified women's business enterprise, Perdel Contracting, was supposed to receive 18% of labor costs and other fees totaling $365,000 as part of a $200 million public works project. Anthony Capello, one of the contractors allegedly using her "sham" company to meet minority requirements, has a similar case pending against him for allegedly setting up a shell company in his wife's name to help win contracts at O’Hare Airport.

Perino’s lawyers allege that Capello set Perino up to work with prosecutors to lighten his own sentence.

Related Stories

Building Team | May 8, 2015

Surety bond forms specifically for design-build projects now available

The documents are the first of their kind to be coauthored by designers and builders.

Engineers | May 6, 2015

Megadeals drive mergers and acquisitions in engineering and construction industry: FMI report

Large deals and the convergence of design and construction are spurring M&A activity in the engineering and construction industry, according to the FMI Mergers & Acquisitions Trends report.

High-rise Construction | May 6, 2015

Parks in the sky? Subterranean bike paths? Meet the livable city, designed in 3D

Today’s great cities must be resilient—and open—to many things, including the influx of humanity, writes Gensler co-CEO Andy Cohen. 

Contractors | May 1, 2015

Construction workers among top U.S. drug users: study

Construction workers are topped only by miners when it comes to heavy drinking, according to a new study by the Substance Abuse and Mental Health Services Administration.

Multifamily Housing | May 1, 2015

Trade groups extend campaign to promote apartment living

The groups claim that there are more than 37 million Americans—12% of the population—living in just under 20 million apartment units nationwide. Apartments and their residents contribute $1.3 trillion annually to the economy.

Contractors | May 1, 2015

Nonresidential fixed investments fall in latest Construction Economic Update

This is the first time that nonresidential fixed investment declined since the first quarter of 2011, ABC reported. Nonresidential fixed investment had been rising by more than 4% on an annualized basis during five of the previous six quarters.

Contractors | Apr 29, 2015

Construction costs are expected to remain soft through fall of 2015

Labor and materials haven’t appreciated this year through April, according to market analyst IHS.

Contractors | Apr 23, 2015

Leopardo releases 2015 Construction Economics Outlook

Low oil prices have reduced the cost of construction, but not enough to offset the rise in labor costs, according to Leopardo's new outlook report.

High-rise Construction | Apr 23, 2015

Size matters in NYC, where several projects vie for the city’s tallest building honor

The latest renderings of 217 West 57th Street show a tower that would rise higher than the World Trade Center’s pinnacle, when elevations are included.

Multifamily Housing | Apr 22, 2015

Condo developers covet churches for conversions

Former churches, many of which are sitting on prime urban real estate, are being converted into libraries, restaurants, and with greater frequency condominiums.

boombox1
boombox2
native1

More In Category


Museums

The Tampa Museum of Art will soon undergo a $110 million expansion

In Tampa, Fla., the Tampa Museum of Art will soon undergo a 77,904-sf Centennial Expansion project. The museum plans to reach its $110 million fundraising goal by late 2024 or early 2025 and then break ground. Designed by Weiss/Manfredi, and with construction manager The Beck Group, the expansion will redefine the museum’s surrounding site.


Reconstruction & Renovation

Movement to protect historic buildings raises sharp criticism

While the movement to preserve historic buildings has widespread support, it also has some sharp critics with well-funded opposition groups springing up in recent years. Some opponents are linked to the Stand Together Foundation, founded and bankrolled by the Koch family’s conservative philanthropic organization, according to a column in Governing magazine.


halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021