Infosys Hit With $34M Fine in Visa Fraud Case

The India-based firm's penalty is the biggest ever of its kind

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An India-based information technology firm has agreed to pay a $34-million fine in a civil settlement with the U.S. Department of Justice, the company announced Wednesday, making it the largest fine ever of its kind in U.S. history.

Infosys, India’s second-largest software exporter, has been under investigation for visa practices for more than two years following a 2011 lawsuit by an who said the company was placing Indian citizens in long-term positions with companies in the U.S. based on the wrong travel documents, CBS News reports.

The Bangalore-based tech giant did not admit wrongdoing in the settlement, and said in a statement that it “denies and disputes any claims of systemic visa fraud, misuse of visas for competitive advantage, or immigration abuse.┬áThose claims are untrue and are assertions that remain unproven.

[Reuters]