Visa by fraud

As a general rule, it’s a felony to lie in a government submission, if that lie was to influence the government’s action.  See 18 USC 1519.

Now, assume you want to get a visa for a foreign worker to come to the US.  If you do it one way, it costs $5,000 and takes months.  If you can fit it under another provision, it costs $160 and takes days. If fitting it under the second provision, requires playing a bit fast and loose with the truth,  there’s a price premium for that: $34 million.

“In Visa Case, U.S. Accuses Infosys of ‘Fraud and Abuse’,” Wall Street Journal, October 31, 2013 B1 http://on.wsj.com/1bGn6zw

The US originally pursued criminal charges (a conviction apparently affects your business reputation and your ability to get visas, which, if you’re an outsourcing company, is a big deal).

Lesson learned? What culture and internal pressures led to this? What controls would have prevented it?

Advertisements

Leave a comment

Filed under Business Case, Business Continuity, Compliance, Content, Controls, Culture, Governance, Information, Internal controls, Operations, Requirements, Risk, Value

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s