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    •  
      CommentAuthorflea
    • CommentTimeJan 13th 2009
     permalink
    What have they charged him with? Is he in Jail? How is all this fraud affect Fry's Customers and its Employees?  
     
    Will Fry's stores be closed because of the fraud and loss of money and bad economy?  
     
    Sincerely  
     
    John DoeFry's is corrupt I am here to talk about it.
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  2.  permalink
    Omar's Scandel didn't effect the employees or customers in anyway whatsoever. So nothing is gonna happen with the stores. He just took kickbacks and spent alot of money in Vegas. The only thing that is fishy about the Story was that Fry's loaned Omar $10 Million dollars with no explanation. I am guessing this was to pay off his debts in Vegas. The man spent every weekend being floan out on a private jet to the Venitian and a couple other hotels and give presidental suites that cost atleast $15k a night. Damn that must have been some party.
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      CommentAuthormerzbow
    • CommentTimeJan 13th 2009 edited
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    SDCherryPicker: Omar's Scandel didn't effect the employees
     
     
    yeah, laundering company profit to the tune of at least 65 MILLION DOLLARS by buying low from vendors and selling high back to Fry's.... that sure didnt affect GP, sales goals and ultimately peoples jobs companywide over the past 3 years. im sure NOBODY lost their jobs for not hitting sale goals because Fry's VP in charge of BUYING couldnt control his addiction to gambling and fast cars. and hookers and blow im betting.  
     
    /sarcasm  
     
    i cant wait till Jan 15.
  3.  permalink
    "yeah, laundering company profit to the tune of at least 65 MILLION DOLLARS by buying low from vendors and selling high back to Fry's.... that sure didnt affect GP, sales goals and ultimately peoples jobs companywide over the past 3 years. im sure NOBODY lost their jobs for not hitting sale goals because Fry's VP in charge of BUYING couldnt control his addiction to gambling and fast cars. and hookers and blow im betting.

    /sarcasm

    i cant wait till Jan 15."

    You don't know the real story. Omar was pocketing money that should have gone to Fry's for advertising. By him getting caught, Fry's is GAINING money by taking in more money that was being paid to Omar. Fry's never lost anything, they only stand to gain more profit now.

    Stupid fuck.
    •  
      CommentAuthormerzbow
    • CommentTimeJan 13th 2009 edited
     permalink
    Guest:  
    You don't know the real story. Omar was pocketing money that should have gone to Fry's for advertising.
     
     
    and how would you know that? has that been cited anywhere? do you have links? a source?  
     
    sure he was in charge of advertising, but where is it cited that the 65 million he stole was supposed to go towards advertising?? he was fucking buying low from vendors and re-selling to Fry's high for personal profit. now thats been cited in every news story revolving around Omar. how does a advertising budget factor into that?  
     
    Fry's might say the 65 million stolen was advertising money, nobody effected, blah blah blah. but its only PR bullshit to cover their asses. everyone knows how Omar got stole the money.  
     
    regardless it was Fry's money. money that should have went to FRYS and its employees. money lost that costed people their jobs over the holidays.
  4.  permalink
    merzbow:
    Guest:  
    You don't know the real story. Omar was pocketing money that should have gone to Fry's for advertising.
     
     
    and how would you know that? has that been cited anywhere? do you have links? a source?  
     
    sure he was in charge of advertising, but where is it cited that the 65 million he stole was supposed to go towards advertising?? he was fucking buying low from vendors and re-selling to Fry's high for personal profit. now thats been cited in every news story revolving around Omar. how does a advertising budget factor into that?  
     
    regardless it was Fry's money. money that should have went to FRYS and its employees. money lost that costed people their jobs over the holidays.
     
     
     
     
    Hey fuck nut. Did you even read the story about what happened or even talk to anyone. HE DID NOT TAKE ANYTHING AWAY FROM FRYS. He took kick backs from companies in order to get their product into frys. He was not buying low and selling high. If he was he wouldn't be working for frys for very long. He was good enough at his job where the Fry brothers loaned him $10 million dollars so he could pay off his Debts. Frys tried to keep this a secret until the IRS and FBI got involved.
    •  
      CommentAuthormerzbow
    • CommentTimeJan 13th 2009 edited
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    taking kickbacks, embezzling, defraud, buying low and re-selling high, making his own commision.... anyway put it boils down to the same fucking thing as stealing. its taking away money that should have been Fry's money.
    •  
      CommentAuthormerzbow
    • CommentTimeJan 13th 2009 edited
     permalink
    SDCherryPicker:  
    Hey fuck nut. Did you even read the story about what happened or even talk to anyone. HE DID NOT TAKE ANYTHING AWAY FROM FRYS. He took kick backs from companies in order to get their product into frys. He was not buying low and selling high.
     
     
     
    *ahem*  
     
    http://newsfeedresearcher.com/data/articles_b52/siddiqui-million-dollars.html  
     
    buying high + taking kickbacks.... its the same (if not equal to) buying low.  
     
    anyway, new information on all this after the 15th when Omar goes to trial. then we'll see who is right and who is wrong.
  5.  permalink
    Nobody has it right. Omar was taking money from GQ, money that GQ was paying Fry's for extra advertising space on the newspaper. He was basically charging GQ a certain amount, and pocketing it, rather than paying Fry's for the advertising.

    He wasn't purchasing stock from anyone then undercutting Fry's, he was simply not paying Fry's the money that GQ and other vendors were paying extra for more ad space.

    These vendors are now paying Fry's Electronics directly, the same amount as they were before, so Fry's is even better off now that they were.
    •  
      CommentAuthorSuzukiman
    • CommentTimeJan 14th 2009
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    and people think me returning empty hard drive bays was evil.Looking for my head ............... yeah the eight valve one yeah ....
    •  
      CommentAuthorasdf
    • CommentTimeJan 14th 2009
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    I think its genius
    •  
      CommentAuthorSuzukiman
    • CommentTimeJan 14th 2009
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    :face-angel:Looking for my head ............... yeah the eight valve one yeah ....
    •  
      CommentAuthorflea
    • CommentTimeJan 14th 2009 edited
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    Steve Monnier - M & O Manager For Electronic Components & Goppala Ajjarapu Director for A/V are fired because they were linked to knowing about Omar and his fraud.Fry's is corrupt I am here to talk about it.
  6.  permalink
    Guest: Nobody has it right. Omar was taking money from GQ, money that GQ was paying Fry's for extra advertising space on the newspaper. He was basically charging GQ a certain amount, and pocketing it, rather than paying Fry's for the advertising.  
     
    He wasn't purchasing stock from anyone then undercutting Fry's, he was simply not paying Fry's the money that GQ and other vendors were paying extra for more ad space.  
     
    These vendors are now paying Fry's Electronics directly, the same amount as they were before, so Fry's is even better off now that they were.
     
     
    I must be retarded or something, could you explain to me how this is not stealing?  
     
    Even though Fry's was gonna use the money for advertising, that is money they never got to use it. The company never received money it was going to use.  
     
    How does this not hurt Fry's? Just because it was gonna be used from advertising- doesn't come out of commission or from customers pockets-- it still hurts. You realize, with advertising, Fry's could pick up a few more customers... believe it or not, there are still a lot of people in my area that are completely unfamiliar with Fry's- that could be a few more computers bought and sold, more store income, more people hired (or less fired.)  
     
    Though it doesn't directly take the money away from employees or customers, it's still money that they didn't receive because someone stole it lol.
    •  
      CommentAuthorSuzukiman
    • CommentTimeJan 14th 2009
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    stealing and fries ........ somehow they were made for eachother.Looking for my head ............... yeah the eight valve one yeah ....
    •  
      CommentAuthorSuzukiman
    • CommentTimeJan 14th 2009
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    can anyone say fry's books ......... store is now under investigation by the local fire marshal for local book burning rituals which got out of hand. :face-devil-grin:Looking for my head ............... yeah the eight valve one yeah ....
    •  
      CommentAuthorSuzukiman
    • CommentTimeJan 14th 2009
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    zing on fries corporate.Looking for my head ............... yeah the eight valve one yeah ....
    •  
      CommentAuthorasdf
    • CommentTimeJan 14th 2009
     permalink
    SDCherryPicker: Omar's Scandel didn't effect the employees or customers in anyway whatsoever. So nothing is gonna happen with the stores. He just took kickbacks and spent alot of money in Vegas. The only thing that is fishy about the Story was that Fry's loaned Omar $10 Million dollars with no explanation. I am guessing this was to pay off his debts in Vegas. The man spent every weekend being floan out on a private jet to the Venitian and a couple other hotels and give presidental suites that cost atleast $15k a night. Damn that must have been some party.
     
     
    I must disagree about it affecting employees or customers. Every dollar stolen from Frys is taken away everyone. This is why LP is so concerned about theft.
    •  
      CommentAuthorLurch
    • CommentTimeJan 14th 2009
     permalink
    Suzukiman: can anyone say fry's books ......... store is now under investigation by the local fire marshal for local book burning rituals which got out of hand. :face-devil-grin:
     
     
    Yeah, right, sure thing, bust a link
    •  
      CommentAuthorSuzukiman
    • CommentTimeJan 14th 2009
     permalink
    the link is in your head knowing they would do such a thingLooking for my head ............... yeah the eight valve one yeah ....
    •  
      CommentAuthorLurch
    • CommentTimeJan 14th 2009
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    hard right conservatives (and nazis) burn books. We sell porn...
    •  
      CommentAuthorAyaHu
    • CommentTimeJan 14th 2009
     permalink
    asdf:
    SDCherryPicker: Omar's Scandel didn't effect the employees or customers in anyway whatsoever. So nothing is gonna happen with the stores. He just took kickbacks and spent alot of money in Vegas. The only thing that is fishy about the Story was that Fry's loaned Omar $10 Million dollars with no explanation. I am guessing this was to pay off his debts in Vegas. The man spent every weekend being floan out on a private jet to the Venitian and a couple other hotels and give presidental suites that cost atleast $15k a night. Damn that must have been some party.
     
     
    I must disagree about it affecting employees or customers. Every dollar stolen from Frys is taken away everyone. This is why LP is so concerned about theft.
     
     
     
    Do you honestly think that even if Frys made 65 million more than they already do throughout those years Frys employees would somehow get a raise? Or ever see it?Superhero!
    •  
      CommentAuthorAyaHu
    • CommentTimeJan 14th 2009
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    They already make billions, btw, and they haven't shared yet.Superhero!
    •  
      CommentAuthorSuzukiman
    • CommentTimeJan 15th 2009
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    lurch you missed it entirely ......... fry's books is like frying books whick is like cooking the books that is why saying "fry's books" is funny then pause and continue the joke with ......... store so it sounds like frys has a books store that caught fire again leading the the cooking the books joke.Looking for my head ............... yeah the eight valve one yeah ....
  7.  permalink
    SDCherryPicker: Omar's Scandel didn't effect the employees or customers in anyway whatsoever. So nothing is gonna happen with the stores. He just took kickbacks and spent alot of money in Vegas. The only thing that is fishy about the Story was that Fry's loaned Omar $10 Million dollars with no explanation. I am guessing this was to pay off his debts in Vegas. The man spent every weekend being floan out on a private jet to the Venitian and a couple other hotels and give presidental suites that cost atleast $15k a night. Damn that must have been some party.
     
     
    Your an idiot if you believe Frys wasn't hurt by this. If not by money (which they were) at least by even more bad reputation.
    •  
      CommentAuthorSuzukiman
    • CommentTimeJan 15th 2009
     permalink
    well they may be going for a gold in worst reputation for a company that stays above water.Looking for my head ............... yeah the eight valve one yeah ....
    •  
      CommentAuthorSuzukiman
    • CommentTimeJan 15th 2009
     permalink
    all they need to do now is start giving people cyanide tablets with their unemployment paperwork.Looking for my head ............... yeah the eight valve one yeah ....
  8.  permalink
    meinside100:
    SDCherryPicker: Omar's Scandel didn't effect the employees or customers in anyway whatsoever. So nothing is gonna happen with the stores. He just took kickbacks and spent alot of money in Vegas. The only thing that is fishy about the Story was that Fry's loaned Omar $10 Million dollars with no explanation. I am guessing this was to pay off his debts in Vegas. The man spent every weekend being floan out on a private jet to the Venitian and a couple other hotels and give presidental suites that cost atleast $15k a night. Damn that must have been some party.
     
     
    Your an idiot if you believe Frys wasn't hurt by this. If not by money (which they were) at least by even more bad reputation.
     
     
     
     
    Weren't you fired from frys? I don't hear any shit from the higher ups and none of them are worried. Fry's makes enough money to keep the fry boys happy. I don't think they really give a shit or shit would be hitting the fan and they would be firing a shitload of people. So shut your little racist ass up. Fuckin redneck. Nice profile pic. Evolve much.
    •  
      CommentAuthormerzbow
    • CommentTimeJan 15th 2009
     permalink
    AyaHu:  
    Do you honestly think that even if Frys made 65 million more than they already do throughout those years Frys employees would somehow get a raise? Or ever see it?
     
     
     
    raises? lol no.  
     
    1-2% more commission? ....maybe.  
     
    less rediculous, actual achievable sales goals? abso-fucking-loutely.
    •  
      CommentAuthorSuzukiman
    • CommentTimeJan 15th 2009
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    absolutly not they wouldnt make it any less hard.Looking for my head ............... yeah the eight valve one yeah ....
    •  
      CommentAuthorSuzukiman
    • CommentTimeJan 15th 2009
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    it lets them fire you at any moment on a whimLooking for my head ............... yeah the eight valve one yeah ....
    •  
      CommentAuthorAyaHu
    • CommentTimeJan 15th 2009
     permalink
    Sales goals arent based on income, they are set based on historical data and what will 'motivate'. 1-2% more commission my ass. Period.Superhero!
    •  
      CommentAuthormerzbow
    • CommentTimeJan 15th 2009 edited
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    cause having a known loss of 65 MILLION companywide directly related to THE BUYER responsible for BUYING PRODUCT FOR THE ENTIRE COMPANY.... no that wouldnt had affected sales goals at all.... *rolls eyes*  
     
    EDIT: also, just think about the store where they fired a guy in returns recently cause he made like over a $100k in bogus returns. having his friends come in buying big screen tv's and then coming back with reciept in hand only and getting their money back. he was only fired because he was caught. a $100K. stolen buy a fucking returns associate.  
     
    okay... they'll just cut their losses elsewhere, like have store employees do inventory now. you know, the same stealing employees who are notorious for internal theft = BIGGER LOSS in the end for Fry's.
    •  
      CommentAuthorLurch
    • CommentTimeJan 15th 2009
     permalink
    Suzukiman: lurch you missed it entirely ......... fry's books is like frying books whick is like cooking the books that is why saying "fry's books" is funny then pause and continue the joke with ......... store so it sounds like frys has a books store that caught fire again leading the the cooking the books joke.
     
     
    good thing my foot fits comfortably in my mouth!:face-monkey:
    •  
      CommentAuthorSasquatch
    • CommentTimeJan 15th 2009
     permalink
    AyaHu: They already make billions, btw, and they haven't shared yet.
     
     
    Pretty much. It's like taking a drop of water from a water bottle and thinking you'll be thirsty. We made less money sure, but to say it hurt us would be folly.
    •  
      CommentAuthorSuzukiman
    • CommentTimeJan 15th 2009 edited
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    lol nice that must mean you are a contortionist too ........... make sure to take your socks off first though.:face-devil-grin:Looking for my head ............... yeah the eight valve one yeah ....
    •  
      CommentAuthorasdf
    • CommentTimeJan 15th 2009
     permalink
    Sasquatch:
    AyaHu: They already make billions, btw, and they haven't shared yet.
     
     
    Pretty much. It's like taking a drop of water from a water bottle and thinking you'll be thirsty. We made less money sure, but to say it hurt us would be folly.
     
     
    When they talk about percentages of up 30% thats no drop of water. The drop is like 1% something completely under the radar. I think it affected people who sold PCs.
  9.  permalink
    so that you can all understand
  10.  permalink
    if you understand what happened, you understand this was lost profits to Fry's...lost in teh sense it was never booked and never seen, so there is no financial reporting to the loss by Fry's, but they all know the money should have been theirs. After all, that was the whole point. Omar was to work factory deals for product and by going direct to the factories, Fry's was to have increased margins. By Omar taking side deals on those sales, the $65million came directly from lost gross profit of Fry's and into Omar's pockets. The $65million should have been part of the gross profit the direct factory deals would generate. Instead, the money went to new carpet and fancy decorations in a casino.
    •  
      CommentAuthorShigman
    • CommentTimeMar 13th 2011
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    I think this is Karma hitting Frys hard for the way they treat their employees
    •  
      CommentAuthorskullywag
    • CommentTimeMar 13th 2011
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    Shigman: I think this is Karma hitting Frys hard for the way they treat their employees
     
     
    I think this is a silly reply to a 2 year old thread.