Data center provider fakes Tier 4 data center certificate to bag $11M SEC deal
CIO Business Intelligence
OCTOBER 17, 2024
According to the indictment, Jain’s firm provided fraudulent certification documents during contract negotiations in 2011, claiming that their Beltsville, Maryland, data center met Tier 4 standards, which require 99.995% uptime and advanced resilience features. From 2012 through 2018, the SEC paid Company A approximately $10.7
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