Former TigerDirect President Indicted In $230 Million Laundering Scheme

McGruber writes "Carl Fiorentino, known to many slashdotters for his regular hyperbole-filled emails advertising 'unbelievable' blowout pricing on memory, storage, other components, and overclocker specials, has been indicted in New York federal court on seven counts of fraud and money laundering charges. Fiorentino allegedly took more than $7 million in bribes and kickbacks in exchange for steering more than $230 million in business to the Taiwanese and California companies that made the payments."

maybe their prices will FINALLY come down then

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I'm so sick of TD always being 1-5% more expensive than Newegg when they ship almost everything from 1 state away in 1 day for ground charges and newegg ships from 3 locations that all take 4+ days to get to my state. I have a residential and business account at both and always wondered why, even at my volume for my business, TD just can't seem to get their crap together and lower their prices. They buy from the same places as Newegg! Well, this explains it. Hopefully now this asshole's replacement will pick from the cheapest supplier instead of one bribing him and lower TD's prices to compete with Newegg.

In case you're wondering...

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They own: Tiger Direct, Tiger Direct B2B, Systemax, Infotel Distributors, Ultra, Global Industrial, Nexel, Misco, Speedgifter, WorldWide Rebates, Comp USA, and believe it or not, Circuit City.

Re:Was I the only one?

[Anonymous Coward]

It's true. They don't even sell tigers.