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Wealthy Enriched by Double-Dipping in Disadvantaged Plan

In April 2003, Piyush Agrawal deleted his son’s name as president of APS Technologies Inc. He replaced it with his own on a hand-written filing with the Florida Department of State.

That made the 66-year-old retired educator the sole officer and director of the firm and separated its management from a medical supply company run by Agrawal’s two sons. Three months later, he followed his sons into a U.S. program that steers government business to the “socially and economically disadvantaged.” It was the Agrawal family’s second time obtaining federal assistance under a benefit that prescribes that immediate family members should participate only once.