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: Mortgage Lender Implode-o-Meter

Testwell, CEO Guilty of Faking Safety Tests on Freedom Tower

By Implode-Explode Heavy Industries

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Testwell Laboratories Inc. and its chief executive officer were found guilty on some charges of faking safety tests on concrete on New York buildings including the Freedom Tower and the new Yankee Stadium.

In a partial verdict yesterday by a New York jury, Testwell and CEO V. Reddy Kancharla were found guilty of 29 counts and related charges of filing false documents with the city and faking business records, the Manhattan District Attorney?s office said.

Full post as published by Mortgage Lender Implode-o-Meter on February 18, 2010 (boomark / email).

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