Prosecutors have unsealed indictments against the company TechnoDyne and its founders in the CityTime payroll scandal in New York City, which was first exposed by Democracy Now!’s co-host Juan Gonzalez in his column for the New York Daily News. TechnoDyne executives face charges of paying millions in kickbacks to get CityTime work, and money laundering. Meanwhile, the founders of the company, Reddy Allen and his wife Padma, are now fugitives after fleeing to India. Prosecutors described CityTime as "one of the largest and most brazen frauds ever committed against the city." Following the indictments, Gonzalez says the question remains whether top officials in the administration of New York City Mayor Michael Bloomberg will also be charged. [includes rush transcript]moreless
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