Verizon Tech Charged In $4.5M Equipment Scam
McGruber writes "Michael Baxter, a 62-year-old man from Ball Ground, Georgia, was recently arrested and charged with multiple counts of fraud for allegedly placing false equipment orders. As a network engineer at the southeastern regional headquarters of Verizon Wireless, Baxter allegedly submitted hundreds of fraudulent service requests to Cisco. According to prosecutors: 'The service requests were fraudulent in that no parts needed to be replaced, and instead of placing the replacement parts into service in Verizon Wireless network, Baxter simply took them home and sold them to third-party re-sellers for his own profit.'"
Building routers 1 part at a time...
He wants to be a defense contractor.
The real crime here might be the price of Cisco equipment.
on the plus side, there's a chance that some of that "new" Cisco gear bought from that online auction side really is new!
"I would have gotten away with it if it hadn't been for that darn Cisco Kid"
I, for one, certainly can't imagine why anyone would dislike market traders, aside from envy. As we all know, financial markets have been widely regarded as practically a paragon of model free markets, remarkably free of corruption, fraud, regulatory capture, and other such socially disruptive distortions.
Also, trading floors are frictionless ideally planar surfaces, inhabited by perfectly spherical traders who obey the ideal gas laws...
So, he stole 1 router?
This happened in Milwaukee Wisconsin for downtown sporting events... people in full gear sold parking spots on the road and in city owned lots, then when it was full they took off with their money and the police followed ticketing every car for illegal parking in city lots...
turns out they were just guys with cones and lights...