Acting US Attorney Ed Martin Claws Back $1 Million From Consulting Firm That Overbilled USAID

Acting US Attorney Ed Martin clawed back $1 million from a consulting firm that overbilled USAID by inflating its employee salary costs.

This is one of the reasons why the Democrats and RINOs are stonewalling his confirmation.

Per the US Attorney’s Office of DC:

Stax Inc., a private consulting based in Boston, Massachusetts, has agreed to pay $1 million to resolve allegations it overbilled the U.S. Agency for International Development (USAID) in claims for salary reimbursement in the implementation of the U.S. Government funded Sri Lanka@100 project.

This matter came to the U.S. Attorney’s Office from the USAID Office of the Inspector General which found that Stax overbilled USAID more than $850,000 by inflating its employee salary costs.

During an administrative audit, it was discovered that Stax put hidden profit in its proposed salary for its employees. This hidden profit violated the terms of the cooperative agreement entered into by USAID, and further was in direct contradiction to expressed statements to Stax informing them that they were not to get any profit from this cooperative agreement.

During the investigation, Stax was bought out by another company that immediately began to cooperate with the investigation and instituted remedial measures. The new company fired the official who directed that the profit be hidden in the salaries, revamped Stax’s compliance procedures, and placed new personnel with extensive compliance experience into leadership positions. As a result of the earned cooperation credit, the parties agreed to settle for 1.2 times the single damages for a settlement total of $1 million.

Ed Martin is currently the Acting US Attorney for DC and Trump recently announced he nominated him for a permanent position as one of the country’s top cops.

If Ed Martin is not confirmed by May 20, federal court in DC will appoint an interim US Attorney until he is confirmed. There is currently no vote scheduled to confirm Ed Martin.

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Author: HP McLovincraft

Seeker of rabbit holes. Pessimist. Libertine. Contrarian. Your huckleberry. Possibly true tales of sanity-blasting horror also known as abject reality. Prepare yourself. Veteran of a thousand psychic wars. I have seen the fnords. Deplatformed on Tumblr and Twitter.

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