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Investigations

Date

Former Construction Company Employee Charged with Bank Fraud

On August 13, 2019, Daniel Maquindang, a former employee of Shimmick Construction, was indicted in U.S. District Court, Los Angeles, California. Shimmick was one of the prime contractors on the Gerald Desmond Bridge Replacement Project, which was funded by FHWA. The Gerald Desmond Bridge is a major access point to the Port of Long Beach from downtown Long Beach and surrounding communities.
 
Maquindang worked in the Shimmick equipment department and created a scheme to commit bank fraud. The indictment alleges that Maquindang started several companies to embezzle money by creating Square accounts, which allow for mobile point of sale purchases. The Square accounts were in Maquindang’s name and names of the companies he fraudulently created. He then used Shimmick’s credit cards to make fraudulent charges for the companies that went into his Square accounts and then were transferred into his personal bank account.
 
Note: Indictments, informations, and criminal complaints are only accusations by the Government. All defendants are presumed innocent unless and until proven guilty.