Friday, April 11, 2008

apirl 11 2008

NiMiA HeNrIqUeZ



Weapons dealer had minority status

WHO: 22-year-old Miami Beach arms dealer


WHAT: A Miami Beach company under investigation for selling faulty munitions to the U.S. Army erroneously appeared as a minority-owned company on millions of dollars worth of government weapons contracts.


WHEN: It does not say it


WHERE: Miami Beach


HOW: The incident sheds light on what some business advocates contend are efforts to inflate contracting numbers in order to exaggerate the government's commitment to small and minority-owned firms. Since 1995 there have been 13 government investigations and two private studies that have turned up abuse and mismanagement in the federal contracting system

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