
An audit years later by KPMG found that Perez’s companies had made a fortune off the city, with contracts valued at more than $326 million. In one example, a Perez company charged six times a competitor’s rate for lawnmower rentals and street-cleaning fees, according to the review. Perez had said his firms’ billings were misrepresented in the review’s findings.
Source: latimes.com – Los Angeles Times