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OT: Siena among others being investigated


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I have no idea what this means but I noticed it on the front page of TU.

 

 

My friend is a newly inserted VP at one of those companies. He was brought in to clean up those marketing practices. Many of them, especially the high school ones which are also under investigation by the Massachusetts AG, are based here in Boston.

 

Basically, the admin who sets up the trip abroad for the kids, has to go overseas to check things out. However, instead of going for a few days as would be necessary, the company makes it 3 weeks...paid for.

 

Basically, the charge is they are "BUYING" the business by bribing an admin with perks. The govt contends that the students MAY not be getting a better deal...and, if I remember correctly, all schools receive some sort of fed and state funding (e.g. tax breaks) and thus must give these kids the best deal possible. In other words, they must be comparison shoppers (the admins) who choose the best deal.

 

This is just an investigation...not charges. Big difference.

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D96,

 

I was simply offering this as a point of information. The intent was not to say....huh.....look at bad Siena. It was on the front page of TU (web edition) so I though....hmmm....what is all of this about? It's not every day that a school gets subpoenaed by the AG.

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