New York State paid a Silicon Valley electrical engineer more than $69 million for ventilators that never arrived, according to a report on Wednesday. Yaron Oren-Pines on March 30 pocketed $69.1 million for 1,450 ventilators—a jaw-dropping $47,656 per ventilator—at least triple the standard retail price of high-end models, Buzzfeed News reported.
The Empire State terminated the contract about a month later and is now trying to claw back the cash, the report said. A “bulk of the money was returned to the state,” said Heather Groll, a spokesperson for the New York Office of General Services, without specifying how much.
Read the full article on the New York Post.