Lend Lease is fined for fraudulent over-billing

摘要

Lend Lease (US) Construction, formerly Bovis Lend Lease, has agreed to pay US$56 million (€42.4 million) in fines and compensation for fraudulently overbilling clients in New York, US, over a period often years. The settlement follows a similar deal made in January 2011, when Bovis agreed to pay US$5 million (€3.8 million) to the New York Department of Investigation (DOI).rnJames Abadie, head of the company's New York Office from 2002 to 2009, has pleaded guilty to his part in the fraud. He faces up to 20 years in jail and a maximum fine of US$250,000 (€189,170).