Being of the accounting mindset, this email jumped out at me.From: "Mick Kelly" <email@example.com>
To: Nguyen Huu Ninh (firstname.lastname@example.org)
Subject: NOAA funding
Date: Tue, 24 Jun 2003 14:17:15 +0000
NOAA want to give us more money for the El Nino work with IGCN.
How much do we have left from the last budget? I reckon most has been spent but we need to show some left to cover the costs of the trip Roger didn't make and also the fees/equipment/computer money we haven't spent otherwise NOAA will be suspicious.Politically this money may have to go through Simon's institute but there overhead rate is high so maybe not!
Having kept books for projects across a myriad of industries, I recognize this. It appears that they did not properly segregate their project funds, and they have already spent all the money allocated to the contract even though the work is not yet compete. Mick is essentially telling Ninh that they need to whip up a set of faux books that show they still have a little money left over, so NOAA, not knowing that their money is long gone, will send them more.
I'd be willing to bet they need the second contract and the accompanying round of financing to complete the first project. Kind of a Ponzi scheme, where the funds intended for later contracts are actually being used to finish up earlier projects.
Amd of course, they're not above laundering"their" money through another firm who, like any good racketeer would, will take a steep cut for that service.
Remember, if you or I did that, we could be guilty of a federal offense, and possibly even charged with a RICO violation. This is government money they're laundering.
Here's another gem:
From: "Tatiana M. Dedkova"
Date: Thu, 7 Mar 96 09:41:07 +0500
Also, it is important for us if you can transfer the ADVANCE money on the personal accounts which we gave you earlier and the sum for one occasion transfer (for example, during one day) will not be more than 10,000 USD. Only in this case we can avoid big taxes and use money for our work as much as possible.
Do you know what this is? Tax evasion. She is asking for the money to be transferred into a personal account, rather than a business account. Even better, she is asking for the money to be just ever so slightly under the amount of $10,000, because that's the magic number that triggers an automatic notification to the IRS.
And we're going to give these people billions and billions of dollars. Although if we do it $9,999 at a time, it could take a while.