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2 men convicted of defrauding a low-income housing program

March 1, 2019

MIAMI (AP) — The president and vice president of a South Florida construction company have been convicted of defrauding a low-income housing development program.

Court records show that 38-year-old Javier Estepa and 37-year-old Diego Alejandro Estepa Vasquez were each convicted in Miami federal court Wednesday of charges including wire fraud. Sentencing is scheduled for May 10.

Prosecutors say Estepa and Estepa Vasquez, as president and vice president respectively of Aaron Construction Group, made false statements to secure Miami-Dade Public Housing and Community Development bid awards form June 2014 and December 2016. Officials say they submitted false payroll records and underpaid workers, while transferring $3.9 million dollars to their own accounts.