Jeremy Scahill has claimed that Blackwater Security Company (BSC) was the brainchild of Jamie Smith, a former CIA officer who became Vice President of Blackwater USA and the Founding Director of Blackwater Security Company, holding both positions simultaneously. However, this claim is denied by Prince and Blackwater executive Gary Jackson who describe firing Smith from his position as a low-level administrator for "non-performance" after a 30-day contract. Additionally, Smith has been accused of further embellishing his military and contracting record to defraud investors at SCG International Risk.