I'm betting CEO bonuses weren't an eligible expense for CAF, but I
couldn't say for sure.
Even if these scenarios went exactly as described, I'm not entirely sure
what the logical conclusion we're supposed to draw is. Is it "Frontier
used public funds inappropriately, therefore we should not make effort
to ensure appropriate use of public funds"? Even if the first part is
true, the second doesn't really follow.
I'm guessing from your ideas earlier that you're saying the bidder
should be vetted ahead of time rather than audited after the fact. I
suspect it would actually be easier to cheat that way.
On 1/30/2020 9:01 PM, Matt Hoppes wrote:
Frontier - took CAF funding.
CEO took huge payouts
CEO buys Ferrari
Frontier - Declares bankruptcy
Limitless Mobile - gets 35 million
Builds multi county “rural” broadband network in the most populated areas of
the counties.
Promptly declares bankruptcy
On Jan 30, 2020, at 4:27 PM, Adam Moffett <dmmoff...@gmail.com> wrote:
A clever enough cheater will always find a way to cheat, but you can't make it
too easy.
For NY BPO "Connect NY" there was physical verification that each piece of equipment you
bought actually existed somewhere.....whether in the field or in storage. The auditor seemed
satisfied with a list of serial numbers plus photographs of all the installations. We made it very
well organized for them: "Rectifier A, Backhaul B, and Base Station C are located at Site X.
Here are our installation photos from Site X."
You probably wanted good records of what's installed anyway, and if someone
takes the time to fake all of that, then maybe they deserve their Ferrari.
Can you think of a project where there was blatant fraud like that? I can
certainly think of times when they made poor product choices, or ended up with
unused equipment due to a design change in the middle of the project, or they
bought 20 of the wrong thing and had to go back and buy 20 of the correct
thing......or something was otherwise screwed up or mismanaged. I actually
can't think of any project where people bought personal toys (like a Ferrari)
with public funds, or any other type of fraud along those lines. If you saw
something like that, I hope you reported it. I used it as an example of what
people would do if there was no auditing. There is auditing and consequently I
don't think people are doing that.
On 1/30/2020 4:12 PM, Matt Hoppes wrote:
Except that there IS auditing now... and we DO end up with this exact scenario
happening currently. It's not stopping it.
On 1/30/20 4:08 PM, Adam Moffett wrote:
I'd rather not stress over audits, but auditing is a necessary evil IMO. If
there were no auditing then there's someone, somewhere who would buy a Ferrari
and supply a fake invoice for rectifiers instead. I'm sure everyone on this
list can think of someone they've dealt with who ought to have their homework
double checked.
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