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...agency, or over 3,800, had cheated on their taxes. In most cases, the scofflaws didn't pay their corporate income tax or company owners lined their pockets with the IRS payroll taxes they'd collected from their employees for Social Security, Medicare and individual income taxes. One contractor who provided $1 million worth of security services to the federal government from 2003 to 2005 also had unpaid taxes of over $9 million; the owner had gambled away $100,000 and bought a $25,000 men's gold bracelet with the payroll taxes he was supposed to send...

Author: /time Magazine | Title: Tax Cheats On The Federal Payroll | 3/13/2006 | See Source »

...clients ranging from cruise ship operators to oil tankers to commercial cargo vessels. In the U.S., the company operates out of more than a dozen port cities, including Houston, Miami and New Orleans, arranging pilots, tugs, linesmen and stevedores, among other things. The firm is also a defense contractor which has long worked for Britain?s Royal Navy. And last June, the U.S. Navy signed on too, awarding ISS a $50 million contract to be the ?husbanding agent? for vessels in most Southwest Asia ports, including those in the Middle East, according to an unclassified Navy logistics manual...

Author: /time Magazine | Title: The Dubai Deal You Don't Know About | 3/9/2006 | See Source »

...contractor is not required to perform perfectly to be entitled to reimbursement." RHONDA JAMES, U.S. Army Corps of Engineers spokeswoman, on the Army's reimbursement to a Halliburton subsidiary of nearly $2.41 billion under a no-bid contract for work in Iraq, despite a Pentagon audit that found $263 million in questionable charges. The Army will pay all but $10.1 million of the contested costs...

Author: /time Magazine | Title: Verbatim | 3/5/2006 | See Source »

...with the House ethics committee stalled for so long, new pressure on House members to jump start their internal ethics oversight comes in the form of widening justice probes into their behavior. Wade, former CEO of defense contractor MZM, pleaded guilty to bribing Cunningham and told investigators about how he reimbursed employees who gave to the campaigns of influential representatives. Records released in the Wade plea suggest the House Members are GOP Reps. Katherine Harris of Florida and Virgil Goode of Virginia. Harris released a statement Friday calling the revelations in the Wade plea ?an unfortunate reality.... I am confident...

Author: /time Magazine | Title: Would Justice Clean the House? | 2/25/2006 | See Source »

...contrast, current criminal probes of lawmakers are expanding rapidly. Like the Abramoff probe, the investigation into former Republican Representative Randy ?Duke? Cunningham from San Diego is also widening. Last week, defense contractor Mitchell Wade of MZM, Inc., pleaded guilty to supplying more than $1 million of the $2.4 million in bribes Cunningham previously admitted taking in a scheme that touches Defense Department officials and two other members of Congress. A Defense Department spokesman tells TIME that "there is an ongoing review by appropriate organizations within the Department" as to whether the Cunningham- and MZM-linked intelligence contracts would have compromised...

Author: /time Magazine | Title: Would Justice Clean the House? | 2/25/2006 | See Source »

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