U.S. prosecutors have charged the chief executive of DCM Erectors Inc., Larry Davis with conspiracy and wire fraud. Two others who are allegedly co-conspirators have pleaded guilty to charges which are very similar and according to the government, they have been cooperating with authorities. Davis is accused of failing to comply with Port Authority regulations which require contractors to assign a predetermined percentage of construction work to businesses which are owned by women or minorities. According to the prosecutors, Davis paid two owners of businesses which meet these requirements to help him make it look as if they had worked for DCM through signing fraudulent documents. Davis supposedly arranges compensation for Johnny Garcia to the tune of $2 million. Garcia owns Solera Construction. ACcording to Davis, Solera and DCM did around $70 million worth of work. However, DCM actually did the work or hired a subcontractor who was not minority owned according to prosecutors. Davis also conspired with Gale D'Aloia and falsely claimed that his company did the surveying work on site. D'Aloia and Garcia both pleaded guilty and have agreed to assist prosecutors.