A.G. Schneiderman Announces Arrest Of Bronx Affordable Housing Contractor For Cheating Workers Out Of Hundreds Of Thousands Of Dollars

NEW YORK – March 6, 2013 – (RealEstateRama) — Attorney General Eric T. Schneiderman today announced the arrest and arraignment of Mohammad T. Riaz, the owner of Applied Construction Inc., and two of his employees for failing to pay hundreds of thousands of dollars in wages to his workers. Hired to complete a restoration project in the Bronx financed and overseen by the New York City Department of Housing Preservation and Development (HPD), Riaz and his two employees on the project are charged with scheming to avoid prevailing wage laws by underpaying workers with cash payments, failing to provide supplemental benefits to workers and directing some workers to return portions of their wages. They face felony grand larceny charges and up to 15 years in prison