"Land Lease Construction" scam scandal [leasingexecutive]

"Land Lease Construction" scam scandal [leasingexecutive]

The Interim Government of the Turks and Caicos Islands intends to lease 17.7 acres of Crown land at Northwest Point on the island of Providenciales, for a commercial development to raise funds. A tender notice from the Attorney General's Chambers ... TCIG leasing 17 acres of land at Northwest Point

Human Rights Watch has accused Ethiopia of forcing tens of thousands of people to leave their homes as part of a resettlement programme. The government is leasing millions of hectares of farm land to foreign companies and says that leasing out the agricultural land will help the country become more self-sufficient. It says its "villagisation" programme has been voluntary and that 70000 people will have better access to schools and health care. Nazanine Moshiri reports from Gambella, western Ethiopia.

leasingexecutive.blogspot.com Ethiopia accused of forcing people from land

 

 

Modern life is an epoch of scams and frauds. One has to be very careful and attentive not to swallow the bait offered by fraudsters. Everyday millions of naive consumers lose their money. And the most awful thing here is that there are almost no ways to find out whether you are dealing with frauds or no. 

For example, if you browse complaint  about recent scams, you will find a very interesting piece of news. American subsidiary of Australian building corporation Lend Lease Construction will pay $ 56 million as a fine for scam.

Lend Lease Construction (U.S.) that was earlier known as Bovis Lend Lease confessed in sending clients overstated invoices for the services provided.

The scam took place during 1999-2009. As a fine, the company will have to pay $ 40,5 million and $ 16 million as a loss compensation. The list of scammed clients, by the way, includes government offices. Moreover, Land Lease confessed in abuses connected with state programs of small business support and support of the companies owned by women or minorities. The company stated that a part of works were implemented by two similar firms, but in reality employees from Land Lease were involved into those projects.

According to the conditions of the agreement reached with the Public prosecutor office, company dismissed from work employees that were responsible for New York branch right when machinations were held.

Former head of New York Land Lease branch James Abadie confessed in committing the crime and was released on conditions of bailment. He is expected to be sentenced to 20 years in jail.

This company also was responsible for building National September 11 Memorial and Museum. What is interesting â€" while working on this project the company didn’t use fraud schemes.

As you see, nevertheless how many advice about avoiding frauds are there in the Internet, it’s quite difficult not to get scammed. Land Lease was a reliable company that worked on the international market. No wonder, millions of people trusted the corporation. I guess, only the scrupulous customers who compare official prices and invoices could avoid getting scammed. Although, there is a chance all that could end with a lawsuit.

If you want to avoid getting scammed when buying services or products, the first thing you have to do is to read consumer complaints and reviews. If you know about bitter experience of other people that will help you to avoid making mistakes. Also, regularly read about the most popular scams and scams that have appeared recently â€" thus, you will be aware of all possible dangers.

Ignore all attractive offers that sound too good to be true â€" desire for easy pray have lead many people to frauds. Also, don’t be 100% sure in online resources you are dealing with. Internet is still the most dangerous place on Earth, and you never know what hazard you will face.

More "Land Lease Construction" scam scandal Issues

Question by kristaliciouskiki: Why does the government spend so much money in Wyoming for the Mineral Leasing Act? I was reviewing the federal budget for 2006 and noticed a huge allocation to the state of Wyoming associated with the Mineral Leasing Act. The way I understand the act, the government leases out public land for drilling and mining. More than half the entire budget goes to Wyoming. Anybody have an idea why? Best answer for Why does the government spend so much money in Wyoming for the Mineral Leasing Act?:

Answer by Joel
because gov't sucks

[leasing government lands]