• 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
    groenveld@acm.org
    --
    "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>

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