Sachdeva embezzlement jewelry at auction

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Mar 10, 2007
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A former executive at the Koss Corporation stole over $30 million from them and then went on a buying spree I can't imagine was rivaled by anyone except Ruth Madoff.

http://www.jsonline.com/business/108706789.html

The jewelry is up for auction this weekend online and in person. Looking at the lots...wow.

Personally, I don't think I could buy this stuff (ill gotten gains) but the money is going back to Koss, so maybe some ladies here might be interested.

http://txauction.com/auction_details.cfm?id=303
 
OMG that's a lot of jewelry! 316 pages worth. Geez what a crook! People are really stupid to think that they would never get caught stealing. What an idiot! Have fun in Jail!
There sure is lots of nice stuff to bid on though & at least the money is going back to the company that it was stolen from.
 
thanks khol and luvchnl. it would have bid too! i can't believe that she stole all of that jewellery it's insane. I work at a company where we have gemstones and diamonds and stuff around us all the time, never once has it crossed my mind to steal even one tiny stone...it just blows my mind!!
 
thanks khol and luvchnl. it would have bid too! i can't believe that she stole all of that jewellery it's insane. I work at a company where we have gemstones and diamonds and stuff around us all the time, never once has it crossed my mind to steal even one tiny stone...it just blows my mind!!

I thought she bought the jewelry using money she embezzled from her company (though I could be wrong). I read that she had a shopping disorder where she would compulsively buy the same article of clothing in various sizes and colors and never wear them . . . what a morally deprived psycho!!
 
I thought she bought the jewelry using money she embezzled from her company (though I could be wrong). I read that she had a shopping disorder where she would compulsively buy the same article of clothing in various sizes and colors and never wear them . . . what a morally deprived psycho!!
nope, i'm probably mistaken, embezzling or stealing both morally corrupt imo!
 
Her bags and clothes are going to be sold in a separate auction on the same site, starting on the 24th I think...so keep your eyes on that website! You have to register in advance if you want to bid online.

I followed it a bit today and it's a nifty piece of software. Some good deals and some not so much. Clearly there are dealers bidding. A couple of pieces went for 60k.
 
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