An associate of mine works for a very large company, where he is responsible for hiring vendors to perform various tasks. He has not been happy with the quality of work that the vendors have been doing and feels that he could start a business with his cousin, and do a much better job at a competitive price. The company would be owned by his cousin, and he would open contracts with the cousin's company as projects came up. The new company would actually be performing a service, doing better quality work, at a competitive price. This would be a legitimate company with a taxpayer i.d. #, not a fictitious company submitting fictitious invoices and receiving unearned payments. Would they be breaking any criminal or civil laws, especially since they are actually providing a better service? If so, which ones? Also, would they face jail time, termination, fines, etc.?
Thank you
Thank you
