Construction company admits to wire fraud

The owner of a construction company who employed H-2b workers has signed a plea agreement admitting to committing wire fraud.

March 27, 2013Updated: March 27, 2013
KUAM NewsBy KUAM News

by Mindy Aguon

Guam - The owner of a construction company who employed H-2b workers has signed a plea agreement admitting to committing wire fraud.  Ramachandran Vadivellu owned Transrama Guam and admits to employing foreign workers and paying them illegal wages of between $2-$6 per hour.  He admits to transferring more than $266,000 from Transrama for his personal gain.

A change of plea hearing is scheduled for Thursday morning in the District Court of Guam.