Dive Brief:

• Global contractor Structure Tone will pay $55 million after admitting to having subcontractors pad bills from 2005 to 2009 for work for major clients that included Bank of America.
• The charge stemmed from a corruption investigation by the New York County District Attorney's Office in Manhattan.
• Structure Tone admitted to felony charges and paid a $10 million fine in 1988 in a bid-rigging case, but it is the largest interior construction firm in New York City and continues to work for major corporate clients.

Dive Insight:

The charge in this case was one count of first-degree falsifying of business records. The subs who padded their bills at Structure Tone's request included plumbers, drywall installers and electricians.