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Thursday, February 03, 2011

Pentagon Contractor Fraud

The Pentagon says it has given millions of dollars to contractors that have committed fraud. The DOD report outlines more than five million dollars to at least 16 vendors who were either suspended or debarred when the funds were obligated. The report covers the years 2007 to 2009. Defense says that in some cases, contracting officers approved the spending to ensure missions could be finished safely. In other cases, they simply didn't check to see if vendors were on the excluded parties list.

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