NEW YORK – The owner of Pearl Transit Corporation, Jael Watts, has been indicted on 10 counts of wire fraud for her role in a scheme to defraud New York State of over $1.2 million in transportation grant funds.
State Comptroller Thomas DiNapoli said Watts allegedly devised a fraud scheme to cheat the state out of money meant to aid residents in need of transportation services.
Watts, 44, owner of the non-profit company that claims to provide transportation assistance to seniors ands people with disabilities, entered into a contract with the State Department of Transportation to “enhance the mobility” of seniors and people with disabilities in Putnam, Rockland, Westchester and Suffolk counties…