A Nebraska businessman who pleaded guilty to setting up a company the government said fraudulently landed $25 million in federal contracts intended for companies owned by disabled veterans avoided prison time and major fines Thursday, getting probation instead.
Ram Hingorani, 50, of Omaha, was ordered to serve two years of probation at a sentencing hearing. He had earlier agreed with prosecutors to plead guilty to major program fraud.
Judge Stephanie Rose sentenced him to live at a halfway house in the Omaha area for six months but he will have work release privileges which will allow him to continue to run his construction company.
Rose ordered the government to keep $3.3 million seized from bank accounts held by Hingorani, his family and businesses. No additional restitution or fines were ordered.
Keep reading this article at: http://www.stripes.com/news/veterans/man-gets-probation-in-fraud-case-involving-federal-disabled-vets-program-1.334251