DCAA Relations, Department of Defense News

Another Consequence of DCAA’s Backlog

Hidden among all of our arguments concerning the Statute of Limitations is the stark fact that DCAA’s backlog makes this type of stupidity possible:

SPOKANE, Wash. –

The United States Attorney’s Office has filed a civil fraud complaint against a Spokane Valley defense contractor. 

The 104 page complaint alleges that Monaco Enterprises Inc., a defense contractor selling fire and security systems to U.S. Military Bases around the world, has been submitting hundreds of false claims for inflated payment to the U.S. Air Force and U.S. Army since at least 2008.

The claim specifically names the company’s CEO Eugene Monaco and COO Roger P. Barno. Monaco and Barno allegedly engaged in fraudulent over-billing of U.S. Military Bases by routinely hiding costs, premiums, and undisclosed profit the government.

Because of these fraudulent practices, the U.S. Attorney’s Office says the Department of Defense was defrauded out of millions of dollars.

The United States alleges that during the time period of  Monaco, as president, CEO, and majority shareholder of the company, reaped over $14 million dollars in shareholder dividends and corporate bonuses from the company in addition to his regular salary.



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s