US military landlord pleads guilty to fraud

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US military landlord pleads guilty to fraud
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Balfour Beatty pleads guilt for defrauding the US Air Force, Army and Navy and agrees to pay over $65 million in fines and restitution

Balfour Beatty Communities lied about the repairs to pocket millions of dollars in performance bonuses.

US District Judge Emmet Sullivan accepted the company's guilty plea on Wednesday and sentenced it to pay over $65 million, serve three years of probation, and engage an independent compliance monitor for a period of three years. Stacy Cabrera, a former housing manager at Texas’s Lackland Air Force Base who told Reuters she felt pressure to manipulate records to meet the bonus goals, pleaded guilty to major fraud in April.

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