Testimony before the U.S. House of Representatives Committee on Financial Services Subcommittee on Oversight and Investigations “Reducing Waste, Fraud and Abuse in Housing Programs: Inspector General Perspectives”  

TRENTON, N.J. – A federal grand jury in New Jersey has indicted the developer of three Trenton affordable housing projects for allegedly diverted money intended for the developments, announced New Jersey U.S. Attorney Paul J. Fishman. A federal grand jury returned a 25-count indictment today charging Robert Kahan, 67, of Sunny Isles Beach, Fla., with 10 counts of making false statement in a loan application, three counts of bank fraud…

TRENTON -- Over the course of building affordable housing in Trenton, developer Robert Kahan misstated his net worth in order to obtain huge loans, then skimmed money from the accounts to buy a condominium in Florida and make repairs on his son’s home, a federal indictment alleged today. The 25 count-indictment includes bank fraud, mail fraud, fraud against a local government receiving federal proceeds, and making false statements on a loan…

Testimony of the Honorable David A. Montoya, Inspector General, before the U.S. House of Representatives Committee on Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies on HUD Management Issues (03/14/2013)

Testimony of The Honorable David A. Montoya Inspector General Office of Inspector General U.S. Department of Housing and Urban Development on HUD Management Issues (03/29/2012)

Goods and services must be procured in an effective manner and in compliance with Federal, State, and local laws.  These laws exist to ensure that funds are awarded through fair and open competition and are spent on eligible and reasonably priced goods and services.  Although the majority of grantees and subrecipients comply with these rules and regulations, we are issuing this bulletin to assist you in identifying potential…