Kickbacks at Fry’s Electronics

Ausaf Umar Siddiqui was arrested on federal charges of money laundering and wire fraud. He allegedly charged vendors commissions in exchange for agreeing to buy merchandise at inflated prices.

According to the news stories, he siphoned off as much as $65 million and used the money for Las Vegas gambling.

Author: Doug Cornelius

You can find out more about Doug on the About Doug page

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