New Jersey businessman admits conspiring with ex-comptroller

New Jersey businessman admits conspiring with ex-comptroller's manager


New Jersey businessman admits conspiring with ex-comptroller's manager
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ALBANY — A co-conspirator in a scheme to steer lucrative state business to a New Jersey-based consulting agency that then hired unqualified computer programmers to help update New York’s State and Local Retirement System pleaded guilty in federal court Friday.
New Jersey resident and business owner Lakshimikanth R. Sripuram, 37, admitted to conspiring with Srinivas Kancha, a 52-year-old former state comptroller's office employee, to steer state business to PIntegra LLC — an information technology consulting agency — while Kancha led the comptroller’s office’s efforts to redesign the state’s retirement system.
Sripuram was president and a member of the limited liability corporation when he worked with Selkirk resident Kancha — who was part of the comptroller’s Application Development Team responsible for interviewing programmer applicants — to allegedly hired 17 consultants through PIntegra who did not meet the necessary qualifications for the work, according to the original federal complaint.

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