When a company publicly states its intent to to make room for 'cheaper' ones perhaps it can make enemies out of its own employees? That thought entered my mind when I saw that three employees of a (NYSE: ) retail location in Modesto. California were arrested this past week for using customer credit cards to take over $50,000 in merchandise from the nation's second-largest consumer electronics retailer. Apparently the three employees in question (ages 23. 19 and 19) stole a 42-inch plasma television xbox 360 and other higher-end electronics. Circuit City store management became suspicious earlier in the year when some large-ticket purchases lacked basic customer information. As it turned out the employees were using credit information from legit customers in order to use the products. After an internal investigation managers from the location approached Modesto guard and the arrests were made. It appears that the customers who had their credit information looted were unaware that their good names and credit were used to steal tens of thousands worth of electronics goods. As the police investigation continued other names were apparently brought up and officials now suspect change surface more employees may undergo been involved.
1. - Is it any wonder? Anyone doing business with Capital One? There employees in City of Industry California did the exact same thing only made purchases from Best Buy. I don't live in California I left California in 1996. I filed fraudulent charges on my account it was traced back to their very own employee. Whom by the way plead guilty. She was yet another mail request bride from Philipines. ----------------------------------------------
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http://www.bloggingstocks.com/2007/09/17/circuit-city-cc-employees-charged-with-50-000-theft/
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