This is how #moneylaundering happens. One individual is given sole discretion over millions of dollars of #programs with zero layers of approval signatures required. One person recruiting, reviewing, and assigning #govtcontracts to #network of #prescreened #payforplaysleezeballs
LA County DA Nathan Hochman announces charges in “the largest money laundering operation in Los Angeles Unified school District's history”
🚨 2 individuals stole roughly $22 MILLION, with over $3 million dollars given as kick backs to a LAUSD employee though shell companies
“This is the type of evidence that you just shake your head like you can't believe it.”
The employees are
- Hong “Grace” Peng (former LAUSD technical project manager)
- Gautam Sampath (owner of the Texas-based company Innive)
Between 2018 and 2022, Peng used her position to illegally help award more than $22 million in contracts to Innive
In exchange, Sampath is accused of routing and laundering over $3 million back to Peng through various intermediaries and shell companies
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