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Former New York Resident Indicted on Fraud Charges Related to Underground Tank Removal
Release Date: 07/14/2004
Christopher Lagan 202-564-7338 / email@example.com
(07/14/04) Bahavesh Kamdar, formerly of Williamsville, N.Y., was indicted on 30 counts of mail fraud and money laundering on June 30, in U.S. District Court for the Western District of New York in Buffalo, N.Y. Kamdar is accused of allegedly over-billing New York State through a contract to remove and replace underground storage tanks at New York State facilities. Kamdar formerly owned Industrial Site Services, Inc., which was awarded a $4.9 million underground storage tank remedial contract by the New York State Office of General Services. The indictment alleges that Kamdar falsely declared payment of a $500,000 performance bond premium/collateral price and over-charging New York State for the services of his company. The indictment seeks the forfeiture of over $5.9 million. The case was investigated by the New York State Inspector General’s Office, the Criminal Investigation Division of the Internal Revenue Service, the FBI and the EPA’s Criminal Investigation Division office in Buffalo. It is being prosecuted by the U.S. Attorney’s Office in Buffalo. An indictment is merely an allegation, and all defendants are presumed innocent unless or until proven guilty in a court of law.