Louisiana man convicted in TVA contractor fraud

Louisiana man convicted in TVA contractor fraud

Posted:

CHATTANOOGA (AP) - A federal jury in Chattanooga has convicted a former safety manager of fraud for falsifying safety records at the Tennessee Valley Authority's nuclear power plants in order to collect bonuses.

Federal prosecutors said in a news release Wednesday that 55-year-old Walter Cardin of Metairie, La., was convicted on eight counts of major fraud after a 12-day trial.

Cardin was the safety manager for the Shaw Group, a construction contractor. He was convicted of not reporting injuries at three TVA plants, the Sequoyah and Watts Bar plants in Tennessee and Brown's Ferry in Alabama.

The falsified injury rates were used by the Shaw Group to collect safety bonuses worth more than $2.5 million.

The Shaw Group paid back twice the amount of those bonuses in a civil agreement reached in 2008.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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