Posted on 09/07/2021 8:15:47 PM PDT by blueplum
It was nice work if you could get it. And one woman allegedly got it.
A former Yale University Medical School employee has been charged with fraud and money laundering for allegedly stealing $31 million worth of computer equipment over more than a decade, then reselling it....
...While acquisition was part of her job, reselling the equipment was not. Pedrone-Codrington in 2013 “engaged in a scheme whereby she ordered, or caused others working for her, to order millions of dollars of computer hardware from Yale vendors using Yale Med funds and arranged to ship the stolen hardware to an out-of-state business...
(Excerpt) Read more at nydailynews.com ...
High Yellow.
................................
Octoroon.
What does high yellow mean? Like a coward?
............................
Octoroon................. 1/8 negro.
LOL. I forgot about him.
A lot of that money went into creating that alien look.
Reminds me of the MASH episode where Radar was mailing home a Jeep, one piece at a time.
She got it one piece at a time and it didn’t cost her a dime...
ISP Earthlink co-founder Reed Slatkin ran a ponzi scheme for 15 years.
While I worked at earthlink someone in the Network dept was stealing ram memory from the hundreds of call center computers. The pc’s were slow anyhow as they hardly had enough memory to begin with. Back then ram memory was expensive. We were using win98 then NT4 then 2000.
All the blue screening errors must have given someone a clue.
At Fry’s Electronics some employee would buy computer parts at inflated prices and split the over charge with others.
$3m is chump change for this chick. It was $31m.
There was a naval element in Arlington, VA that had some guy who’d done a similar thing. I think he’d gotten away with it for more than five years....a million or two in gains.
They only found out when a rare audit occurred and they surveyed the list of all equipment bought over the past twelve month (a bunch simply wasn’t there).
Here are some possibilities:
1. A long overdue audit of her office.
2. She dinged the wrong account and the account owner noticed.
3. An employee in her office or the shipping dept finally spoke up.
In the early 90s, I worked for a guy who had a computer store. Another guy showed up every couple weeks to sell (to the store) tubes of 1MB memory modules for $50 each, so roughly 8 modules for $50 when, at the time, a single 1MB module sold for $50.
I always figured that they were stolen from some Federal government office. This was in the suburbs of DC.
Nice business, all profit... 🤓
Even a regular audit would show some illegal acts {unless there was cover from upper management}.
Fake cattle? What did they sell instead of Beef Cattle? Did they sell vegetables disguised as BEEF CATTLE? 🤓
“Reminds me of the MASH episode where Radar was mailing home a Jeep, one piece at a time.”
Didn’t Klinger set out to EAT a jeep at one point, too?
The Feds called it “ghost cattle”. They only existed on paper. Basically he was getting paid by Tyson to deliver hundreds of thousands of head of butcher ready cattle, so they paid him for feed, vet care, transportation, and everything under the sun to raise them and ship them to the processing plant.
I call him the Bernie Madoff of the beef industry.
He would fudge the shipping manifest to include a number of ghost cattle.
He used the proceeds to cover of his losses in the commodity markets, which was around $240 million, and he must have been pretty bad at understanding short and long term cattle futures, unlike Hillary.
He pled guilty and is expected to receive a 20 year sentence from the Feds. His dad died in a head on collision with one of their own semi-trucks about a month before the Feds came knocking and the story went public. Most people figure he committed suicide.
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