Verizon Tech Given 4-year Federal Prison Sentence For $4.5M Equipment Scam 163
McGruber writes "Michael Baxter, the network engineer at the southeastern regional headquarters of Verizon Wireless who submitted hundreds of fraudulent service requests to Cisco, has been sentenced to four years in federal prison, followed by three years of supervised release. Baxter was also ordered to pay $2.3 million in restitution to Cisco Systems, and $462,828 in restitution to Verizon. Instead of placing the replacement parts into service in the Verizon Wireless network, Baxter took the parts home and sold them to third-party re-sellers for his own profit. He used the money to buy cars, jewelry and multiple cosmetic surgeries for his girlfriend."
Company Liable? (Score:5, Informative)
So when an employee does something great using the company's resources, the company gets the money. But when an employee does something illegal on the company resources, the company doesn't suffer?
I understand that guy getting something. But Cisco should be suing Verizon, not the person. Verizon would then sue their former employee.
Crime pays (Score:4, Informative)
He is a living proof that crime pays.
He got millions of dollars and a great lifestyle for years and now he basicaly got free home and free meals for a number of years.
Re:Crime pays (Score:4, Informative)
Re:Crime pays (Score:4, Informative)
Is this [thebeehive.org] the life to which you aspire?
(shudder)