In this episode of Busted, Michael Thomas and Drew Howell examine the scheme of former Fry’s Electronics Vice President of Merchandising, Ausaf Umar “Omar” Siddiqui, and the elaborate way he was able to steal $65 million from the corporation. Through the influence of his executive-level position, Siddiqui was able to pull off an operational arrangement disguised as a cost-eliminating and profit-maximizing plan to the corporation.
You can also find, and subscribe, to this podcast on all major podcast platforms including iTunes, Stitcher, Spotify, and Google Play.
Disclaimer
This podcast is provided for general informational purposes only and is intended as a general overview. The podcast does not constitute legal advice nor solicitation to provide legal services. It is not meant to convey a legal position of Foley & Lardner, LLP (“Foley” or the “Firm”) on behalf of any client, nor is it intended to convey specific legal advice. Any opinions expressed in this podcast do not necessarily reflect the views of the Firm, its partners, or its clients. The podcast is not intended to create, and listening to the podcast does not constitute an attorney-client relationship. The listener should not act upon this information without seeking counsel from a licensed attorney. Foley makes no representations or warranties of any kind, express or implied, as to the content of the podcast or to its accuracy or completeness and accepts no responsibility for an individual who acts or refrains from acting based on information obtained from the podcast. In some jurisdictions, the contents of this podcasts may be considered Attorney Advertising. If applicable, please note that prior results do not guarantee a similar outcome.
Speaker(s)
Related Insights
23 April 2024
PharmaPatents
USPTO Issues Updated Guidance on Obviousness
For the first time in nearly 15 years, the U.S. Patent and Trademark Office has issued “Updated Guidance for Making a Proper Determination of Obviousness” under the U.S. Supreme Court’s ruling in KSR Int'l Co. v. Teleflex Inc., 550 U.S. 398 (2007).
22 April 2024
Foley Ignite
AI Regulatory and Legal Issues Today: A Conversation with Natasha Allen
As is the case with most emerging technologies, developments in artificial intelligence are quickly outpacing regulations, and with this comes a variety of important legal considerations.
22 April 2024
Foley Ignite
The Complex Terrain of the Video Game Industry: Challenges and Opportunities
The video game industry is brimming with innovation, competition, and transformative technological advancements.