Derish Wolff, former president and CEO of Louis Berger Group Inc., has been indicted by a federal grand jury for a fraudulent scheme for which the company has already admitted liability.  According to the indictment, Wolff conspired with other employees to submit claims to the U.S. government for inflated overhead and additional indirect costs for contract work done in Iraq and Afghanistan over the last twenty years.  The U.S. Attorney for New Jersey stated that Wolff, as president and CEO, “set[] targets that could be reached only through fraud.”

Louis Berger Group Inc., an engineering consulting firm, admitted to submitting claims for over $10 million in inflated overhead alone and agreed to pay $69.3 million to resolve both the civil and criminal allegations against it.  Wolff’s co-conspirators, Salvatore Pepe and Precy Pellettieri, also admitted their roles in the fraud.

Read the entire article, “Ex-Louis Berger Group President Charged With False Claims”