1)Heard on the Street....More Outsourced Fraud for NYC? More CityTime + now, SeedCo? Seedco has about $15 million in contracts with the City of New York per the NY Times. SeedCo receives a "bonus" to job place . Per the NYC Times report, Errors were found internally and Seedco performed its own audit? The City officials quickly Agreed, that 60 errors vs 400 errors were made? Again nothing irregular And they are harassing the Mr Bill Harper, for raising the issue of 400 errors? Ok, who's really cheating, apparently SeedCo has agreed to an independent audit. What about CityTime can we "do over" and audit them without corruption at every turn?http://www.nytimes.com/2011/08/09/nyregion/seedco-official-reports-fraud-in-jobs-program.html?_r=1&ref=citytime
The deputy, Bill Harper, paged through more sheets. He counted more than 400 fraudulent placements. (The city pays his agency, Seedco, a performance bonus for placements.) In April, he took his findings to his bosses at Seedco, which holds $15 million in city contracts.
Seedco quickly conducted an audit; it said it had found just 60 data errors. City officials just as quickly declared satisfaction and conducted no follow-up.Mayor Michael R. Bloomberg’s aides are fond of saying that there has been no whiff of corruption attached to high officials. That is correct.
2) SAIC FBI CityTime Rewind
Heard on the Street:
Why did Gino leave NYC gov.?
What a bummer NYC gov under Mike excessive spending on tech IT so much fraud, waste, excessive billing but question from an artist me, lobbyist, especially those having once served the people hardee har, do they have an obligation to speak up, step down, blow a whistle is companies they represent are running way over budget?