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June 27, 2006
People News. New Orleans Hit By More Fraud
People News. New Orleans Hit By More Fraud: Unfortunately there's more news about fraud facing New Orleans. Today the NY Times reports on the exploitation of bureaucracy, loop holes and poor management around the tragedy of hurricane Katrina. It's sad to see how much money has missed the purpose of repair.
In today's article, "Among the many superlatives associated with Hurricane Katrina can now be added this one: it produced one of the most extraordinary displays of scams, schemes and stupefying bureaucratic bungles in modern history, costing taxpayers up to $2 billion."
Read more about New Orleans and Fraud [Here]
Posted by taj at June 27, 2006 03:12 PM