• MEDIA: L&T Tech shares decline 1% on $9.9-mn visa fraud claims in US

    From John D Groenveld@21:1/5 to All on Mon Apr 17 11:28:54 2023
    Money Control's Suchitra Mandal on whether Donald Trump regrets
    hiring Chad Wolf to lead DHS.GOV: <URL:https://www.moneycontrol.com/news/business/stocks/lt-tech-shares-decline-1-on-9-9-mn-visa-fraud-claims-in-us-10393631.html>
    | The share price of L&T Tech was down 1 percent on Tuesday after the
    | company agreed to cough up $9.93 million to the US. Department of
    | Justice to settle allegations of underpaying visa fees between 2014
    | and 2019.
    |
    | The US Department of Justice has alleged the company of acquiring
    | inexpensive B-1 visas, instead of more-expensive H-1B visas in
    | violation of the False Claims Act.
    |
    | The B-1 does not permit foreign nationals to perform paid labour in
    | the US and generally costs $200 to $300, with no limit on the number
    | of visas that could be issued, while the H-1B allows paid labour but
    | costs $4,000 to $6,000 and is limited by an annual cap of 65,000 for
    | foreign nationals, with an additional 20,000 H-1B visas annually for
    | those in specialised knowledge occupations.

    Does Larsen & Toubro now have an American Treason Bar attorney on
    retainer and will Trump put him or her in charge of policing the
    Cheap Labor Lobby's scab worker import pipelines?
    John
    [email protected]
    --
    "DeSantis is to the right of Trump on DACA: "Mr. DeSantis has
    separately proposed eliminating in-state college tuition for
    undocumented students and beneficiaries of the Obama-era Deferred
    Action for Childhood Arrivals program, known as DACA, who were
    brought to the United States..." - Pedro Gonzalez <URL:https://twitter.com/emeriticus/status/1645427760599318532>

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)