Major Corporation Violates Federal Funding Eligibility Laws

Case Overview

This case involves a corporation that was found in violation of federal law for fraudulently abusing a federal small business program. The corporation passed off its subsidiaries as small businesses when in actuality, the corporation ran itself as one large business. By misrepresenting their eligibility for a small business government programs, the corporation qualified for millions of dollars in federal contracts. It was alleged that the subsidiaries were placeholders working to advance the interests of the parent company. An expert in business with extensive experience in federal small business programs was sought to review the facts of the case and opine on the extent to which the company in question violated federal law.

Questions to the Finance expert and their responses

Please describe your experience working with the small business administration and the small business program.

I served the federal small business administration for 34 years. When I served as the associate administrator for minority small business and capital ownership development, I was the only person authorized to approve businesses into the program. My work with capital access and government contracting directly affected large corporations, as I was in charge of approving financing for them. I have testified before Congress on various large corporations and their impact on the small business program, specifically the policies and procedures that had been put in place to reduce fraud and abuse in the program. I have continued to research legislation and policies regarding the SBA, ANCs, and the 8(a) Program in my current position as a senior manager of small business at a nonprofit agency. I can speak to the materiality of representation to the SBA and the requirements to certify subsidiaries as small businesses. I would like to review financial records and payrolls of employees to determine size.

About the expert

This expert has over 34 years of experience with federal government contracting and small business development assistance at the Small Business Administration. Prior to his retirement in 2014, he was the top career senior executive for government contracting and business development programs. His responsibilities included overseeing the SBA's Small Business Procurement Policy, size standards, HUBZone, government contracting, and 8(a) Business Development Program. Currently, he is the senior manager of small business at a U.S. nonprofit agency, where he monitors legislation and regulations pertaining to small businesses.

E-109855

Specialties:

Finance

Victoria Negron has extensive experience in journalism and thought leadership in the legal space, with a background crafting content, whitepapers, webinars, and current event articles pertaining to the role of expert witnesses in complex litigation matters. She is a skilled professional specializing in B2B product marketing and content marketing. Currently, she serves as an Enterprise Product Marketing Manager at Postman, and previously held the position of Technical Product Marketing Manager at Palantir Technologies, where she developed her skills in launch strategies, go-to-market strategy, and competitive analysis.

Her expertise in content marketing was further refined during her tenure at the Expert Institute, where she progressed from a Marketing Writer to Senior Content Marketing Manager, and eventually to Associate Director of Content & Product Marketing. In these roles, she honed her abilities in digital marketing, SEO, content strategy, and thought leadership.

Educationally, Victoria holds a Master of Business Administration from the University of Florida - Warrington College of Business and a Bachelor of Arts in Literature, Art, and Hispanic Studies from Hamilton College. Her diverse educational background and professional experience have equipped her with a robust skill set in product marketing, content development, and strategic marketing initiatives.