US Military Landlord Pleads Guilty to Fraud, Resolving Probe: Justice Department

Homes that were constructed by Balfour Beatty are seen in a neighborhood at Tinker Air Force Base, Okla., on May 1, 2019. Nick Oxford/Reuters

The U.S. Justice Department said it resolved probes into Balfour Beatty Communities, one of the U.S. military’s largest private landlords, after it pleaded guilty on Wednesday to one count of major fraud and agreed to pay over $65 million in fines and restitution.

Balfour Beatty was being investigated for defrauding the U.S. Air Force, Army, and Navy. A company spokesperson said on Thursday: “We have taken full responsibility and apologize to all our stakeholders.”