FMCSA Suspends Rhode Island Trucking Company and Owner
On February 1, 2022, the Federal Motor Carrier Safety Administration (FMCSA) suspended and proposed debarring a now defunct trucking company, CAT Inc., and its owner Michael Chaves. In August 2019, Chaves pleaded guilty to bank and wire fraud, falsification of Federal records during a Federal investigation, aggravated identity theft, and tax evasion. The trucking company owner was sentenced to 30 months of incarceration, 3 years of supervised release, and a $1,000 special assessment for falsifying FMCSA registration documents. In addition, Chaves was ordered to pay $631,868 in restitution to bank and wire fraud victims and to the Internal Revenue Service for back taxes related to tax evasion.
Note: A suspension or debarment frequently covers a specific period of time. Please consult the System for Award Management to determine whether a company or individual is currently suspended or debarred.