News — Fraud

Investigators Eye Possible $100 Million Construction Fraud New York State Police officers and investigators from the Manhattan district attorney swept into Bloomberg L.P., the financial news and information company, on Lexington Avenue in October. Armed with search warrants and grand jury subpoenas, they demanded access to the offices of two senior executives, apparently as part of an investigation into bribery, bid-rigging and kickbacks in the interior construction industry. That same day, Oct. 12, investigators raided the downtown offices of Turner Construction, a large general contractor that oversees work on Bloomberg offices in New York, seeking records, emails and computers belonging...