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The Nexus
CRIMEJul 6 · 18:25 UTCAMNYMax Parrott

Homeless nonprofit CEO sentenced to six months in prison for contract fraud

A former CEO of a New York City homeless services contractor was sentenced to six months in prison for fraudulently steering contracts to a business associate, resulting in $50 million in inflated city contracts. The CEO and his co-defendant concealed their business connection to secure lucrative deals, with the city paying over $900 million in contracts to the nonprofit during 2014-2020.

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