Former President of TigerDirect (and parent company Systemax, Inc.) Carl Fiorentino finds himself accused of mail fraud, wire fraud, and money laundering for redirecting $230 million to manufacturers and suppliers who paid him kickbacks or bribes. Prosecutors claim Fiorentino was responsible for the company’s purchasing decisions but rather than going with the low bidder, he […]
Tag Archives | fraud
UPDATE — Bait, And Switch Labeling: Your Seafood
February 22, 2013 UPDATE: Oceana has published a report about national seafood fraud. Two years of DNA testing found that a full third of seafood was mislabeled; snapper and tuna had the highest rates of fraud. Oceana has even created a handy map for a depressing look at your odds of purchasing mislabeled fish. You heard it […]