Sentencing hearing continues for Nebraskan in $23.4M fraud case (intended for disabled veterans)

[Omaha Steve]

http://www.omaha.com/news/crime/sentencing-hearing-continues-for-nebraskan-in-m-fraud-case/article_fcbfc4b2-c255-11e4-b657-0b27902124e6.html


POSTED: WEDNESDAY, MARCH 4, 2015 4:05 AM

DES MOINES (AP) — A sentencing hearing for a Nebraska businessman accused of fraudulently landing $23.4 million in federal contracts intended for disabled veterans will continue.

Several witnesses were called Tuesday to discuss how Omaha businessman Ram Hingorani set up a company to qualify for federal contracts by certifying a service-disabled veteran ran the company and held majority ownership. In reality, prosecutors say, Hingorani, who is not a veteran, ran the company and extracted millions of dollars for his own use.

He pleaded guilty to fraud and faces up to two years in prison under a plea agreement.

FULL story at link.

[voteearlyvoteoften]

1. Only 2 years ?

Should be 20

[Omaha Steve]

2. Kick