Fry ’s VP Ausaf Umar Siddiqui has been impeach by the IRS of taking $ 65 million of Fry ’s company money to “ fuel his overgenerous lifestyle and pay off play debts . ”
Siddiqui ’s precipitation came when another White House notice a spreadsheet with backroom deals for contracts ( he was a vendee for Fry ’s ) . He ’d then get vendors to sell stuff at an inflated damage , pocketing the dispute . Ausaf was able to do this because he convert other execs that HE would be the one to deal with vendors , eliminating sales reps and relieve the company money . Or so he take .
Then , he had vendor give kickbacks of up to 31 % . Which made him $ 65 M in three years .
A formal armorial bearing is coming , but what I require to know is how this will affect Fry ’s itself ( one of my pet hitch for electronics here in the Bay Area ) . Hopefully , it brings down prices overall , even though Fry ’s itself is deny any pricing problems were passed onto the consumer . [ CBS13 – Thanks Bryan Adams ! ]
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