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The way that these contracts work is that they get paid for their costs, plus a percentage. They were just fraudulently reporting costs incurred from other con
by empath-nirvana 3y ago
The way that these contracts work is that they get paid for their costs, plus a percentage. They were just fraudulently reporting costs incurred from other contracts on this contract to inflate their profits.
Cost-plus accounting is a horrible way to do business, it's basically designed to facilitate this kind of fraud.