Vanguard Construction Pays $1.5M in Fraud Deferred Prosecution

New York State Inspector General Lucy Lang and Manhattan District Attorney Alvin Bragg announced a three-year deferred prosecution agreement with Vanguard Construction and Development Co., Inc., requiring forfeiture of $1.5 million, with $787,500 allocated to New York State. The company was arraigned on charges related to fraud in government contracting.

The settlement demonstrates state enforcement of integrity standards in public construction projects. Vanguard Construction will be subject to enhanced compliance monitoring during the three-year deferred prosecution period. Government contractors should view this as a reminder that attempts to defraud taxpayers will face serious consequences.