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Is Pentagon's Credit Card Spending Defenseless

So the income getting put in was your tax dollars.

The accounting is so lax, defense division workers utilised your tax dollars - maybe thousands and thousands of the more than a trillion the office can not account for - to buy such things as engagement rings, clothes, groceries louis vuitton handbags, even Elvis photos from Graceland, according to Sen. Charles Grassley, R-Iowa.

Other fraudulent buys incorporated personal computers, digital cameras, women's lingerie and jewelry and escort services in New Jersey, in accordance to Gregory Kutz, the director of fiscal administration and assurance in the Standard Accounting Workplace.

These shelling out sprees took place for the reason that Defense Department's policy of giving out credit score cards to … almost any person.

The department's notion was to create acquiring provides a lot more productive. However, one credit software which the authorities employs, permits even folks with weak credit ratings to have credit score cards. The employee can even now obtain a government credit score card.

From Louis Vuitton to Breast Implants

Never you want your employer would allow you to try this louis vuitton wallet? Then you certainly could buy things like Louis Vuitton bags, Lego robots, $300 headsets, and rooms at Bally's casino. One Pentagon employee used his card to buy his girlfriend breast implants. He at the very least paid the cash back, but employees who acquired laptops, Palm Pilots and electronic cameras failed to louis vuitton outlet. The Navy can not even determine out in which many of people items went.

"Over 99.ninety nine - effectively, 99.98 - p.c of our purchases are for reputable federal government use louis vuitton purses," mentioned Captain Ernest L louis vuitton bags. Valdes, who defended the Navy's report in a congressional hearing.

When Rep. Steve Horn, R-Calif., cited an case in point of the girl who purchased a $400 Mentor briefcase together with her govt credit card, Valdes said the lady who produced that obtain was a superb personnel. "She almost certainly produced an honest blunder and took place for being at Nordstrom's and obtained that bag. I believe she'll do far better following time," he stated.

Next time? Right. It's not as though she was fired. The federal government not often fires anybody. Many personnel who misused their cards were not even reprimanded. A single Navy personnel employed her credit score card to order a stove, groceries, and $12,000 in individual products. What occurred to her? She was promoted!

Deirdre Lee, a Protection Section procurement officer, assured Rep. Horn within the listening to the section would "investigate the appropriate situations and consider the right motion."

That will be comforting - other than that they have held two much more hearings along with the shopping sprees keep on.

In the previous hearing louis vuitton outlet, Sandra Peck louis vuitton outlet, Assistant Secretary of the Army, Financial Management and Comptroller louis vuitton purses, stated, "I've been with this situation for 8 months and I've just now come to comprehend the scope of the. … Give me six months, and let's see what we will do about this."

$4,000 Misplaced for each American

I am not hopeful that they're going to do considerably regarding it, given that at the very least 1 Congressman, Rep. Tom Davis, R-Va., really wants to double the acquisition restrict on some authorities credit cards.Related articles:
6jyu11kcf3q 08.12.2012 0 150
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