Fry's exec was getting Hot Deals - $65M! - Blu-ray Forum

E55 KEV · 12-23-2008, 02:17 PM

IRS: Fry's exec stole $65M to pay gambling debts

http://www.cnbc.com/id/28359453

http://cbs5.com/business/frys.electr....2.893328.html

http://www.forbes.com/feeds/ap/2008/...ap5853367.html

ack_bak · 12-23-2008, 02:23 PM

Why is this a bargain?

E55 KEV · 12-23-2008, 02:27 PM

Quote:

Originally Posted by ack_bak

Why is this a bargain?

It's news from a place that routinely has Hot Deals posted here. This is the Hot Deals forum as the Fry's Exec was getting Hot Deals, more than he bargain for anyway. If topic does not fit the Mods will move it. If your are not interested - Unsubscribe.

Angelinheaven · 12-23-2008, 02:59 PM

Unbelievable.

rdodolak · 12-23-2008, 07:06 PM

I wonder were that other $100M came from? Hopefully those 5 Fry's vendors are also charged.

Marquoz · 12-24-2008, 12:56 AM

Worst thing is, Fry's will never see any of the money that he overpaid those companies. I can't believe it's only $300,000 bail! Compared to $65M that's chump change.

indianajdp · 12-30-2008, 06:30 PM

Quote:

Originally Posted by Angelinheaven

Unbelievable.

No, actually it's not.

In a former "professional life" I was a NAM (National Account Manager) and Fry's was one of my accounts. The crap that went on at corporate, well, let's just say it was the absolute sleaziest organization I had ever had to deal with. Vendors were doing all sorts of things to get product on the shelves, and you knew part of it was probably "under the table". Among other things, Fry's cheated my company out of 2-3% annually, and referred to it as co-op dollars, despite my claims that we were not getting anything out of that money.

I fully expected this guy to be someone I had met or dealt with in the past, but he wasn't.

Forrestandjen07 · 12-30-2008, 08:06 PM

Quote:

Originally Posted by Angelinheaven

Unbelievable.

really?

12-23-2008, 02:17 PM	#1
E55 KEV Power Member Member since:Aug 2008 Location:Washington D.C. 4K collection:6 Blu-ray collection:546 DVD collection:15 Trading Score:28	Fry's exec was getting Hot Deals - $65M! IRS: Fry's exec stole $65M to pay gambling debts http://www.cnbc.com/id/28359453 http://cbs5.com/business/frys.electr....2.893328.html http://www.forbes.com/feeds/ap/2008/...ap5853367.html

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12-23-2008, 02:23 PM	#2
ack_bak Power Member Member since:Mar 2007 Blu-ray collection:181	Why is this a bargain?

12-23-2008, 02:59 PM	#4
Angelinheaven Member Member since:Sep 2008	Unbelievable.

12-23-2008, 07:06 PM	#5
rdodolak Blu-ray Prince Top contributor Member since:Jul 2007 4K collection:880 Blu-ray collection:3733 DVD collection:939 MA collection:338 Digital collection:1099 iTunes collection:75 Prime collection:11 Trading Score:20	I wonder were that other $100M came from? Hopefully those 5 Fry's vendors are also charged.

12-24-2008, 12:56 AM	#6
Marquoz Blu-ray Samurai Member since:Jan 2008 Location:New Orleans Home Theater Gallery:4 Blu-ray collection:167 Trading Score:2	Worst thing is, Fry's will never see any of the money that he overpaid those companies. I can't believe it's only $300,000 bail! Compared to $65M that's chump change.

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