Is it really veteran-owned?

  • Comments
  • Print

Too many small-business owners are claiming status as veterans or disabled vets, the Army Times reports, so the Veterans Affairs Department is investigating.

The problem is big. More than three-quarters of businesses claiming the status were problematic, the government said, with an initial check suggesting at least 1,400 businesses falsely received more than $500 million in contracts set aside for vets.

The main problem is contracts subbed out to non-veterans. But other issues were uncovered, like a “disabled” vet who was discharged from the Marines after being injured in a football game. He served for a mere five weeks.

New verification systems might be helping, but the department won’t know more until it digs deeper.

How do you feel about set-aside policies like veteran-owned companies, or minority- and women-owned companies? Are fraud or even simply misunderstandings as rampant as the Veteran Affairs probe suggests?

Please enable JavaScript to view this content.

Editor's note: IBJ is now using a new comment system. Your Disqus account will no longer work on the IBJ site. Instead, you can leave a comment on stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Past comments are not currently showing up on stories, but they will be added in the coming weeks. Please note our updated comment policy that will govern how comments are moderated.