02/26/2024 / By Ethan Huff
Earlier this month, it was reported that Mayor Eric Adams of New York City is handing out pre-paid cash cards to migrants worth a few hundred bucks. We have since learned that the actual amount on the pre-paid cash cards is much higher – around $10,000 per migrant.
When the first reports emerged, the total amount of money being spent on the program was said to be around $50 million, which Adams did not refute. The reason, more than likely, is that drawing any further attention to the program would have revealed a lot sooner that the actual contract “has the potential to become an open-ended, multibillion-dollar Bermuda Triangle of disappearing, untraceable cash, used for any purpose,” to quote the New York Post.
It all started when the mayor’s office forged a deal with DocGo, the Big Apple’s no-bid “emergency” contractor, to provide three meals a day to each migrant. Many of these meals went uneaten, with about 5,000 of them, or $7.2 million-per-years’ worth, getting wasted due to problems including mold.
That program was scrapped, and Adams proceeded to forge another deal with a new no-bid “emergency” contractor, Housing Preservation & Development, to provide free cash instead that migrants can use to buy food or really anything they wish without accountability.
“New York City is home to hundreds of top-tier financial services and public benefits providers, a dream of a competitive bidding pool, to ensure that the city gets a good price, as well as strong protections against fraud and abuse,” the Post added.
“But HPD considered only one: Newark-based Mobility Capital Finance, which also has an office in Harlem.”
(Related: Check out what war correspondent Michael Yon has to say about who he thinks is behind the mass invasion of America.)
The way HPD chose Mobility Capital Finance is corrupt in and of itself, not to mention the fact that the company specializes in providing pre-paid, third-party debit cards and bank accounts to “minorities,” in this case illegal migrants.
An off-the-cuff remark that Adams made at a reception earlier this month provided the only real clues as to how MoCaFi, as the company is also called, came to become the contractor to deal with NYC’s illegal migrant surge. Adams claimed that he and his team met MoCaFi “on the campaign trail.”
“Little did we know that God is going to say, ‘There’s going to be a crisis, you’re going to have to meet them,'” Adams continued about the alleged divine intervention that brought the two together. “And it’s going to cost us money” to “put investment … in our community.”
Eager to find something for MoCaFi to do, the director of the mayor’s fund to advance New York City, which is little more than a slush fund financed by anonymous private donors, came up with the idea of forging “an upcoming partnership with the mayor’s office” that involved creating “a universal basic income project” with MoCaFi.
The program was supposed to benefit poor New Yorkers, not illegal migrants, but the purpose of the project has since changed. And now, MoCaFi is slated to be paid $53 million as a fee for mass-distributing blank Mastercards in bulk to the illegals flooding the city.
“It’s easy to work out how MoCaFi would get a $50 million or so fee, the maximum allowed under the contract,” the Post explains.
“After stripping out various fees the company gets for printing up the blank cards and such, the city has purposely given itself the flexibility to disburse at least $2.5 billion on these pre-paid debit cards over a year.”
The latest news coverage about the illegal invasion can be found at InvasionUSA.news.
Sources for this article include:
Tagged Under:
border security, collapse, conspiracy, corruption, debt bomb, DocGo, Eric Adams, Illegal aliens, illegal immigration, Mayor Adams, migrants, money, money supply, New York City, NYC, Open Borders
This article may contain statements that reflect the opinion of the author
COPYRIGHT © 2020 Debtbomb.news
All content posted on this site is protected under Free Speech. Debtbomb.news is not responsible for content written by contributing authors. The information on this site is provided for educational and entertainment purposes only. It is not intended as a substitute for professional advice of any kind. Debtbomb.news assumes no responsibility for the use or misuse of this material. All trademarks, registered trademarks and service marks mentioned on this site are the property of their respective owners.