Re:A fraudster got $12M out of a Canadian university
by joe_the_user on Wednesday October 10, 2018 @02:21PM
(#18187555)
Indeed,
It seems logical for out-and-out fraud to muscle in on "pork" situations. The university is building a status symbol, as much for the prestige of the administration as for any use. They're likely sending the contract to "friends" since they're clearly not terribly concerned with cost-benefits. So you wind-up with a bunch of money just bleeding out with little oversight. And so someone takes even more "initiative" and just scams some of those millions away. Maybe that someone even had some acquaintance with the whole scheme.
Yes, overt crime thrives in a situation of "generalized corruption".
It seems logical for out-and-out fraud to muscle in on "pork" situations. The university is building a status symbol, as much for the prestige of the administration as for any use. They're likely sending the contract to "friends" since they're clearly not terribly concerned with cost-benefits. So you wind-up with a bunch of money just bleeding out with little oversight. And so someone takes even more "initiative" and just scams some of those millions away. Maybe that someone even had some acquaintance with the whole scheme.
Yes, overt crime thrives in a situation of "generalized corruption".