Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEW YORK CITY—Tishman Construction has admitted to fraudulently overbilling clients and agreed to pay a total of more than $20 million in both restitution to victims and penalties to the federal government. Slapped with charges of mail and wire fraud conspiracy from the federal government, the company also has instituted reforms designed to establish best practices and provide governance and oversight. 


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.