A buyer for a big box store was sentenced to five years in prison for his role in a floorcovering vendor kickback scheme. He will have to pay nearly $1.2 million in restitution that he took in cash and gifts from flooring manufacturers to get their products in his company's stores. There are several more individuals being investigated in the scandal and arrests are likely. This says a lot about the ethics of sales management people and buyers on the take, doesn't it?
Other areas of corruption may soon come under scrutiny, too. Hopefully investigators will get into wide spread fraud and other allegations involving insurance adjusters, water and fire damage contractors, bidding improprieties and supply irregularities in peripheral industries. This is long overdue and could see many more go to jail.
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