Construction Company President Charged With Defrauding The State Department In Multimillion-Dollar Fraud Schemes | USAO-SDNY

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Audrey Strauss, the United States Attorney for the Southern District of New York, and Michael Speckhardt, the Special Agent in Charge of the U.S. Department of State, Office of Inspector General, announced the arrest today of SINA MOAYEDI, the owner of a construction company, on charges including bribery and fraud.  MOAYEDI was arrested in Castleton, Virginia, and will be presented later today in the Western District of Virginia before U.S. Magistrate Judge Joel C. Hoppe. 

Manhattan U.S. Attorney Audrey Strauss said:  “As alleged, Sina Moayedi made misrepresentations about his employees’ qualifications and his company’s ownership in order to induce the

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Construction company opens office in Wilmington

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A construction business has leased space in the Wilmington area, making the location its second in the company’s 28-year history.

Charlotte-based R.J. Leeper Construction has signed a three-year lease for more than 1,300 square feet of space located at 890 South Kerr Ave., Suite 250 in Wilmington, said James Mitchell, president of the company.

​R.J. Leeper Construction, a minority-lead contractor, was founded in 1993 by former Charlotte City Councilman Ron Leeper, according to a Wilmington Chamber of Commerce news release. The business has completed over 450 projects as a general contractor and construction manager for a total dollar volume of

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Canadian Construction Managers are Estimated to Save 4.5 Hours a Week and Companies CAD$446K a Year Through Access to Real-Time Data: Procore Survey

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TORONTO–(BUSINESS WIRE)–Procore Technologies, Inc., a leading provider of construction management software, today published the results of a new survey that found Canadian construction managers who can access real-time insights into performance are estimated to be saving 4.5 hours each week.

The study, What Gets Measured Gets Managed, focuses on the Canadian results of a survey that also included results from organizations in the United Kingdom and Ireland, France, Germany, the Netherlands and the United Arab Emirates. The research explores the impact of construction companies having real-time insights into their project management processes — or visibility

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Lumber woes helping drive housing frenzy, construction stalls

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AUSTIN, TEXAS  — Buying a new home is typically exciting – except when you can’t find a house or even build a new one.

People looking to buy homes in 2021 are running into a hot housing market and those looking to build homes are running into costly materials that are short in supply.

Homes are being bought and sold in hours, not days. Melanie Strong, who has

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Amazon closes Connecticut construction site after 8th ‘noose’ found

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Amazon halted construction at a facility in Windsor, Connecticut for the second time in as many weeks on Wednesday — after an apparent noose was found in the building for the eighth time in recent weeks.

Workers found a red rope “with a noose tied at the end” entangled in yellow electrical cables on the 5th floor of the planned fulfillment center, Windsor Police Chief Donald Melanson said at a press conference.

AMAZON BUYS HOLLYWOOD GIANT MGM FOR $8.45B IN BLOCKBUSTER DEAL

The site had just reopened on

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How to Build Value into Your Construction Firm

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As a foundation, it is important to understand how value is built in an organization. Back in the 1990s, a study on pre-job planning was conducted for the Construction Industry Institute. It was found that the ability to influence the outcome and the ultimate success of a construction project is largely determined by how well pre-job planning is executed before the project begins.  Likewise, when it comes to Construction mergers and acquisitions (M&A), the quality of the pre-transaction process greatly influences the ultimate success of a deal for anyone selling a business.

If we were sitting down over a cup

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