The owner of three fraudulent commercial supply companies has pled guilty to cheating approximately 40 subcontractors out of more than $1 million.
From February 2010 through August 2015, Keith B. Fisher Sr. of Philadelphia used FedBid.com to submit quotes and offers for his companies KLA International Inc., Quad Trade Services Inc. and TCI Technologies. After winning federal contracts, Fisher and his associates would subcontract third-party vendors to provide goods to government agencies with the intention to not pay or only pay nominal amounts to the 40 victim vendors.
Keep reading this article at: http://www.federaltimes.com/http:/www.federaltimes.com/articles/supply-company-owner-pleads-guilty-to-1m-fraud-scheme
