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Home Depot Buyer Convicted in International Kick Back Scheme -- and What an Old Scheme It Is!


Source: Asiabizblog
April 2, 2009
Asiabizblog
Home Depot Buyer Convicted in International Kick Back Scheme -- and What an Old Scheme It Is! A former divisional merchandising manager in charge of Home Depot's hard flooring products was sentenced to 63 months in prison for tax evasion and wire fraud, and ordered to pay $1.1 million in restitution to Home Depot. You can read the brief blurb about it here.

He is one of three former executives who have pleaded guilty to receiving millions of dollars in kickbacks from foreign suppliers in return for placing their products in Home Depot stores across the nation.

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