According to a press release issued by the U.S. Department of Justice, Tyrone Jones entered a guilty plea on a charge of conspiracy to commit wire fraud, stemming from false SDVOSB and minority business self-certifications made to federal agencies.
The government charged that Jones met Brian Baumann, a Korean-born service-disabled veteran, in 2004 while constructing a house for him. Jones subsequently set up a construction company, listing Baumann as the president and majority owner. In fact, Baumann played no role in the company, lived out of state, worked a full-time job elsewhere, and had no experience in construction. The construction company bid upon, and apparently received, federal set-aside contracts.
Jones now faces up to five years in prison, as well as additional penalties. Sentencing is scheduled for October 30.