U.S. Attorney Warns Against Misuse of Federal Stimulus Monday
Ohio's U-S Attorney for the Southern District says a letter has been sent to all public entities in Ohio that are receiving stimulus funding.
Carter Stewart says, there are two reasons for the letter.
"We want to highlight the importance of making sure the public money is used in the right way. We also want to let the public know that the federal government is concerned about this money and concerned about making sure it's spent correctly."
Stewart says experience shows between five and 10 percent of all public money and government contracts might be used for corrupt purposes. He doesn't expect the percentage to increase with stimulus money, but notes that 10% of the $6 billion in stimulus money earmarked for Ohio is potentially a great deal of waste or fraud.