""" After the August 3, 2021 Zoom meeting, the Data Science Professor returned a signed version of Frank’s NDA. The Data Science Professor’s usual hourly rate was $300. Javice unilaterally doubled the Data Science Professor’s rate to $600.
[...]
Specifically, on August 5, 2021 at 11:05 a.m., the Data Science Professor provided Javice an invoice for $13,300, documenting 22.17 hours of work over just three days. The invoice entries show that the bulk of his time was spent on the main task that Javice retained the Data Science Professor to perform – making up customer data. The Data Science Professor’s invoice indicated that he performed “college major generation” and “generation of all features except for the financials” while creating “first names, last names, emails, phone numbers” and “looking into whitepages.”
In response to the initial invoice, Javice demanded that he remove all the details admitting to how they had created fake customers – and added a $4,700 bonus. In an email to the Data Science Professor at 12:39 p.m. on August 5, 2021, Javice wrote: “send the invoice back at $18k and just one line item for data analysis.” In total, Javice paid the Data Science Professor over $800 per hour for his work creating the Fake Customer List, which is 270% of his usual hourly rate.
The Data Science Professor provided Javice the revised invoice via email seven minutes later at 12:46 p.m., commenting “Wow. Thank you. Here is the new invoice.” """
https://assets.bwbx.io/documents/users/iqjWHBFdfxIU/rNlNVTl....
[1]https://www.bloomberg.com/opinion/articles/2023-01-12/jpmorg...
