Reply to post:

Fraud detection system with 93% failure rate gets IT companies sued

Swarthy
Pirate

$47 million got them exactly what they wanted. A system that was so over-zealous that it discouraged people from filling for benefits; and if they did, it would wait a year, and then tell them that they owed about 3x what they could pay, and it was due last Tuesday. A few suicides a few bankruptcies, and word gets around. The UI fund went from $3.1 mil to $155 mil in 5 years. Well worth $47 mil to gain $152 million - a 3x RoI.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon