Infosys To Cough Up $34 Mn Over Visa Fraud, Biggest Fine Ever In U.S. History
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Infosys To Cough Up $34 Mn Over Visa Fraud, Biggest Fine Ever In U.S. History

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Bangalore: Indian IT major Infosys has agreed to pay up $32 million in a civil settlement after the federal prosecutors in Texas found the company had committed “systemic visa fraud and abuse” in temporary immigration of the employees for jobs in U.S. businesses. The settlement is said to be biggest fine of its kind ever in the history of the country, reports NY Times.

After an investigation lasting for two years, the prosecutors are to unveil on Wednesday the settlement as well as the accusation that Infosys "knowingly and unlawfully" brought Indian workers into the United States on business visitor visas since 2008. They also accused the company for using B-1 visas instead of harder-to-get H-1B work visas to bring an unknown number of staff for long-term stays and that it unfairly gained a competitive edge, undercutting American workers qualified for the jobs.

Read Also: U.S. Immigration Bill Will Undermine Competitiveness Of Indian IT: Anand Sharma and Top 10 Technology Trends For Indian Companies In Infrastructure And Operations

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Reader's comments(1)
1: Infosys To Cough Up $34 Mn Over Visa Fraud

This is another white collar crime where no one goes to prison. The only one who benefits from the fine is the Regulator whose revenue increases by that amount. Those responsible for the 'crime' can continue their illegal activities until caught again. The same applies to other white collar crimes and criminals as only the regulators benefit.

By their own admission that the victims and losers were American workers who were qualified for the jobs but got excluded. But none of them will be able to get any compensation as none will be identified and probably no attempt will be made to identify them.
Posted by:Gursharan Singh - 30 Oct, 2013