infolio

Chapter 18 - The procurement investigation

Independent auditors separated the transactions into categories.

Legitimate and properly priced:

Most of them.

Legitimate work with disclosure failures:

Several.

Questionably inflated emergency premiums:

Five.

Materially false certifications:

Three.

Investigators estimated direct government and contractor loss attributable to provable false representations at roughly:

$241,000.

Lower than the first suspicion.

That matters.

Audits shrink stories.

Sometimes they enlarge them.

Here, they made the case more precise.

Ryan had not stolen millions.

He had manipulated a smaller slice of a multimillion-dollar legitimate business relationship.

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Still fraud.

Different scale.

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