"Over four-years, a Los Angeles school district manager enriched herself with $3 million in kickbacks by working with a tech company executive to deliver $22 million in work, according to allegations in a lawsuit filed by the school district. She gave high scores to secure contracts, signed off on increasing payouts to the firm and used shell companies to launder money siphoned from the contracts, the suit said."
"To apparently keep herself on task, the former employee, Hong “Grace” Peng, 53, wrote a note to herself and posted it on her district office phone to “promote” the contracting firm and “redirect more business to” it, the lawsuit alleges. Now, the Los Angeles Unified School District wants its $22 million back."
"The civil suit, filed last month in L.A. County Superior Court, offers a detailed look at how Peng, a manager for the district's Information Technology Services, and Gautham Sampath, 53, whom the complaint describes as chief executive of Texas-based Innive, allegedly misdirected millions of dollars obtained through fraud. The suit targets Peng, Sampath and Innive, an information technology company."
"L.A. County Dist. Atty. Nathan Hochman, who filed criminal charges against the pair in March, called it “the largest money-laundering operation in LAUSD history.” Peng, a Pasadena resident, faces one felony count of money laundering and having a financial interest in a contract or purchase made in an official capacity. Sampath of Flower Mound, Texas, is charged with one felony count of money laundering, having a financial interest in a"
A Los Angeles Unified School District manager allegedly enriched herself with $3 million in kickbacks over four years by working with a technology executive to deliver $22 million in contracted work. The allegations claim she gave high scores to secure contracts, approved increased payouts to the firm, and used shell companies to launder money siphoned from the contracts. The lawsuit also alleges she posted a note on her district office phone to promote the contracting firm and redirect more business to it. The district seeks repayment of the $22 million. The civil suit names the manager, the executive, and the IT company involved, and follows criminal charges filed by the county district attorney.
Read at Los Angeles Times
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