Sunday, July 29, 2018

Detroit Land Bank Authority Awards PwC Sealed Contract To Cover Up More Fraud

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"Thou shalt not steal cookies, or children,
or land, or taxes, or votes."
When engaging in a cover up of a complex financial fraud scheme, it is always wise to keep it in the family.

Sometimes, I think my #Superfans are sitting back, watching, just to observe the menagerie of "Legal Geniuses" (trademark pending), trying to figure out how to justify its operations, even though it never incorporated.

Detroit Land Bank farms out demolition bid scoring to PwC

The Detroit Land Bank Authority has sealed a $701,000 contract with accounting giant PricewaterhouseCoopers to process and evaluate housing demolition contracts in an effort to more quickly spend $258 million of federal funding that expires at the end of 2020.

I wonder if I should FOIA the contract between Detroit Land Bank Authority and PricewaterhouseCoopers, just to read the terms of agreement, to see if anyone catches that it is not incorporated.

Oh, wait!

The contract is sealed.

I wonder why an organization that has been falsely presented in the public record as being a governmental entity has a sealed contract?


Probably because it is not a governmental entity.

I bet they are going to fund a congressional and gubernatorial campaign.

 On July 1, the land bank outsourced the scoring of demolition bids to PwC amid continued federal scrutiny of the city agency's handling of government contracts for tearing down thousands of abandoned and blighted Detroit homes.

It outsourced because it is not incorporated and needed a real corporation, which is incorporated, to execute federal grants.

"What we're trying to do is put some consistency and transparency into the process," DLBA Executive Director Saskia Thompson told Crain's. "Every bid is scored against the same criteria."

Guuurl, stop lying.  You know you are terrified, yet in the most peculiar way, you love me.  You know you do.

The land bank is retaining its oversight of awarding bids to demolition companies, which have torn down more than 14,500 blighted structures during Mayor Mike Duggan's 4 1/2 years in office.

We call this "retaining of the oversight" the Hawthorne Effect, where, in this case, the Detroit Land Bank Authority will be working really, really hard, increasing productivity of trying to not engage in any more fraudulent activities.

Thompson said PwC's role in scoring each bid should make the flow of work for demolition contractors more predictable....because the Detroit Land Bank Authority does not have a clue as what to do!

PwC won the one-year contract over two firms that bid substantially less. The staffing agency Experis bid $172,000 for the work, while a firm called RGB made a $99,000 bid.

PwC has a history when it comes the privatization....and bankruptcy...and other forms of questionable auditing of other Ham Sandwich organizations that never incorporated.

Thompson said the other two firms did not have the qualifications to carry out the contract. PwC has experience in evaluating and executing fraudulent bids for government agencies, she said.

"They were much higher on price, but they had much deeper capacity and more experience, and ultimately that's more important," Thompson told Crain's.

Just ask Kevyn Orr and USC.

PwC will follow a criteria set by the land bank, which gets its instructions from the Michigan State Housing Development Authority. The $701,000 contract for PwC was first reported Friday by the Detroit Free Press.

How can the Detroit Land Bank Authority set any kind of criteria, policy, guidelines, chalkline in the middle of the sidewalk, when it is not incorporated?

The Detroit Land Bank Authority has no affiliation, association, ties, consanguinity, nada, with the Michigan State Housing Development Authority.

The Detroit Land Bank Authority cannot even file basic IRS requirements of not lying and putting down fraudulent corporate tax identification on federal reporting of real property transactions.

Heck, it cannot even produce a Federal Employment Identification Number because it never incorporated.

I wonder if PwC is going to report it to the SIGTARP?

The land bank, which has been the subject of a federal investigation, has struggled at times with administering Detroit's massive demolition program and a plethora of federal and state rules, some of which have changed over time.

It struggles because it never incorporated and is stealin' taxes, real properties and the legacies of Detroit.

This spring, for example, MSHDA said Detroit could no longer give extra points to contractors that are based in the city. "We can no longer consider that," said Thompson, who took over the land bank in September 2017.

I possess written communication from MSHDA stating that it no longer had association with Detroit Land Bank Authority.

Detroit has been awarded $258 million in federal funding for its historic demolition program in which entire city blocks with vacant or burnt-out homes are being razed.

The Detroit Land Bank Authority has about $265 million total available for the residential demolitions and, to date, about $175 million has been spent or contracted for demolition jobs, Thompson said.

The total number of remaining homes still to be demolished in Detroit varies, as some have been sold at auction and salvaged.

But the goal with the PwC contract is to have contracts awarded for all remaining houses slated for demolition by July 2019, setting a pipeline for demolitions through the end of 2020, Thompson said.

I truly wish this entire financial farce would either be put into federal receivership or just transfer the entire thing back to the City of Detroit.

What the heck is the purpose of the Detroit Land Bank Authority when it has to outsource all its nefarious operations, just because it never incorporated and was busted engaging in historic, complex financial fraud scheme, that shall be enshrined in the annals of history...by the Celestial Goddess of the Woodshed.

"We know the community wants these buildings down," Thompson said. "So we're moving as expeditiously as we can."

One can only move so fast when they know, that at any time, they will be indicted.

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