Arizona Governors Office of Economic Recovery - Theft and Fraudulent Schemes

Our investigation revealed that in September 2011, Jacques Davis, President and CEO of AT Security Services, fraudulently obtained $250,000 of American Recovery and Reinvestment Act State Fiscal Stabilization Fund grant monies from the Governor's Office of Economic Recovery by falsely representing that he had more than 300 employees operating out of AT Security Services headquarters in California. This money was intended to help create Arizona jobs by funding AT's relocation to Arizona; however, neither the California headquarters nor the alleged employees existed. Additionally, Mr. Davis also deceptively received $493,765 in lease benefits after providing an Arizona company with similarly false information. On October 18, 2012, the Arizona Attorney General's Office presented evidence of Mr. Davis' alleged crimes to the State Grand Jury, which resulted in his indictment on 12 felony charges related to theft and fraudulent schemes.