In the latest development in a federal small disadvantaged-business case, a construction company executive has pleaded guilty to a charge of conspiring to commit wire fraud.
The U.S. Dept. of Justice said that Michelle Cho, an official of Far East Construction Corp.—which DOJ describes as a straw company—pleaded guilty on Nov. 15 in federal court in Washington, D.C. Cho also will pay a $169,166 forfeiture and a $35,000 criminal fine. A business-listings web page shows Far East as being based in Prospect Heights, Ill.