Investors have become familiar with the names Madoff and Ponzi, they get the connection. But it is often new news to hear that there have been more than 500 other Ponzi schemes in the ‘Madoff Era.' A recent Forbes article recounts the story of Madoff and the nearly $20 billion lost through his scheme. It ... Read More
The 12th Annual Underground Economy and Labor Compliance Conference is set for May 14-16 in Palm Springs, California. Focusing on contract compliance in the public works sector, the conference includes sessions on labor compliance and prevailing wage laws and other Labor Code requirements on public works.
The San Diego Union-Tribune today reported that the state of California has issued a fine of $200,000 over a wage issue involving two public schools and dozens of workers. The state claims that the subcontractor, La Jolla Electric, failed to pay prevailing wages. The company has appealed. Contractors and subcontractors are required to pay prevailing ... Read More