Owner of Illinois Construction Company Charged with Mail Fraud Related to DBE Fraud Scheme
On February 14, 2012, Anthony Capello, owner of Diamond Coring, in Chicago, Illinois, was charged in U.S. District Court in Chicago, with violating one count of mail fraud in a scheme to use a front Disadvantaged Business Enterprise (DBE) on government contracts.
From about 1999 until about May 2006, Mr. Capello operated and controlled the operations of The Stealth Group Inc. (SGI), a false front DBE allegedly owned by his wife. As a result, Mr. Capello used SGI to wrongly obtain more than $2.3 million in government contracts where a Women's Business Enterprise/DBE was required.
This investigation was worked with the cooperation of the FBI, Department of Labor/OIG, City of Chicago/OIG, and the USAO.
Note: Indictments, informations, and criminal complaints are only accusations by the Government. All defendants are presumed innocent unless and until proven guilty.