Two Asphalt Companies to Pay $30 Million to Settle Fraud Allegations on Ohio Road Projects
CINCINNATI — Two asphalt companies have agreed to pay a combined $30 million to resolve allegations that they submitted fraudulent testing results for federally funded road projects in Ohio, federal officials announced Wednesday.
Under the settlements, Kokosing Materials, Inc. will pay $17.5 million to resolve allegations that it submitted false or fraudulent asphalt test results between 2012 and 2024. Barrett Paving Materials, Inc. will pay $12.5 million to resolve similar allegations covering the period from 2013 through 2025…