A year after the jury’s conviction, V. Reddy Kancharla, former owner of Testwell Laboratories; the leading cement testing company for New York City, was sentenced to 7 to 21 years in prison and $1,761,099 in reparations for 15 counts of falsifying business records and related charges.
On a separate conviction, Testwell Laboratories also has to pay $225,000 in reparations for 11 counts of enterprise corruption.
Prosecution on Kancharla and Testwell began in October 2008 when monitors uncovered irregularities at the new Yankee Stadium and the new World Trade Center. Investigation revealed that Testwell had been faking concrete mix and strength tests, filing false invoices and creating fraudulent steel inspection reports.
