Summary

On April 14, 2015, the Federal Highway Administration (FHWA) suspended Ricardo Colon, along with his two companies, R.J. Abstract and Translations Services, and Colon Notary and Title Services from doing business with the government. The suspensions were based upon Colon’s February 18, 2015, guilty plea in U.S. District Court, Nashville, Tennessee, for charges related to theft from a federally funded program.

The Tennessee Department of Transportation (TDOT) entered into a contract with Colon to purchase tracts of real property for federally funded right of way projects. He appraised the tracts of land, negotiated a sales price, and received funding from TDOT to acquire the tracts. However, he never completed the transactions and instead deposited approximately $330,000 into his personal bank accounts.

This investigation was conducted jointly with the FBI.

Note: Exclusion actions (suspensions and debarments) are frequently for a specific period of time and the System for Award Management "Sam.gov" should be consulted to find whether a company is currently excluded.