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Resource ID: #21011
Subject: Corruption
Source: Chronicle (Augusta, Ga.)
Affiliation: 
Date: November: 15, 22; December: 5, 6, 10, 18

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Description

Behind all the good intentions, the construction of a commercial building by the Augusta Neighborhood Improvement Corporation (ANIC) is wrought with scams. Thanks to the misdeeds of Nevada-based Global Bonding Co. which was involved in a tax funnelling exericse, the building contractor was scammed. "Global was also paid, up front, nearly $ 60,000 in premiums for a performance bond-or insurance-policy that wasn't worth the paper it was written on".

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