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HYDERABAD: Kandi Srinivasa Reddy, who contested the 2023 Telangana meeting elections from Adilabad on a Congress ticket, is dealing with allegations of rigging the US H-1B visa lottery system.
Reddy has outrightly denied rigging the system in such a fashion that his staffing firm shoppers have a greater probability within the lottery.
However a Bloomberg investigative report alleges that Reddy makes use of a number of firm names to submit quite a few functions for a similar indivi duals, thereby growing their probabilities of choice.
Reddy, however, has mentioned that submitting a number of entries is authorized and questioned why he was being singled out when 5,000 corporations used the identical technique. He mentioned his companies obtained 302 visas of 4.25 lakh up to now 5 years.
An NRI, Reddy based Cloud Large Knowledge Applied sciences LLC in 2013. Bloomberg’s report says Reddy’s agency, together with different entities he managed, submitted over 3,000 entries, securing a big variety of H-1B visas since 2020.
H-1B employees rented out to main corps
The lottery, a vital element of US overseas employee employment coverage, is designed to allocate a restricted variety of visas to expert employees.
In 2023, 4.46 lakh individuals utilized for simply 85,000 out there H-1B visas.
The Bloomberg report talks of how staffing and outsourcing corporations, together with these managed by Srinivas Reddy, exploit the lottery system, disadvantaging different US companies and gifted immigrants.
The report additional says Reddy’s corporations, together with Machine Studying Applied sciences LLC, usually submitted duplicate functions underneath totally different names with overlapping addresses.
H-1B employees rented out for 20% to 30% of their pay.
It additionally revealed that over 11,600 visas went to multinational outsourcing corporations and 22,600 to IT staffing companies, indicating widespread exploitation of America’s H-1B visa coverage.
Bloomberg’s report states that Reddy’s companies rented out H-1B employees on contract to main companies equivalent to Meta Platforms Inc. and HSBC Holdings Plc., amassing 20% to 30% of the employees’ pay.
These practices, described in on-line ads, recommend that Reddy’s corporations may earn as much as $15,000 or extra yearly per employee.
A report printed by america Citizenship and Immigration Companies (USCIS) final yr described a scheme involving a gaggle of 13 associated corporations working collectively to use the lottery system.
The report doesn’t identify the businesses, however by matching the report’s particulars to the visa information, Bloomberg claims it was in a position to hyperlink all of them to Reddy. Neither USCIS nor Reddy’s representatives would affirm or deny the connections, says the report.
Lucas Garritson, a Texas lawyer representing Reddy, acknowledged that a number of of the businesses’ visas had been challenged by the USCIS for abusing the lottery system. Nevertheless, the company hadn’t adopted correct procedures for prohibiting the exercise, nor did it have proof that Reddy’s corporations broke guidelines.
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