Reddy and Padma Allen

This Indian American couple owned a computer consulting firm in the city of New York that earned around $450 million in city contracts fraudulently since 2005.They were charged for a "massive and elaborate scheme" by a federal court in New York for stealing taxpayer dollars.

Last year they were asked to appear before a grand jury to answer some of the queries regarding money laundering and city contracts. In response, they left the country talking away an amount of $90 million with them. It is supposed that they took the flight to their native country, India and since then there hasn’t been any information about them.

Padma Allen was honoured as one of Ernst & Young's entrepreneurs of the year 2010 in New Jersey and was also named as one of the Best 50 Women in Business in New Jersey by NJBIZ newspaper.

She mentioned about the challenges one have to face while they are working on government projects, in her profile which appeared in the IndUS Business Journal, 2010.

Preet Bhara Manhattan U.S. Attorney, called the CityTime fraud, "one of the largest and most brazen frauds ever committed against the city."