Koss Stereophones
Dec 25, 2009 at 5:32 PM Thread Starter Post #1 of 18

logwed

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Perhaps this is why they've struggled to break into the high-end...
mad.gif


Koss embezzlement may exceed $20 million - JSOnline
 
Dec 25, 2009 at 6:06 PM Post #3 of 18

tamahome77

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I hope she goes to jail for a very very long time. Crooks in disguise -- helping with charity and stealing $$$ at the same time. Goes to show you can never be too careful with people no matter what position, education, or title they hold.
 
Dec 25, 2009 at 7:55 PM Post #4 of 18

Armaegis

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$1.3M in clothes and jewelry in two years? I... I'm not sure my poor thrift store brain can comprehend that.
 
Dec 25, 2009 at 10:17 PM Post #9 of 18

chinesekiwi

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Quote:

Originally Posted by MCC /img/forum/go_quote.gif
Lock up this scum for life. $20m is a huge impact on a company this size.


Funny you mention that...

Quote:

$20 million - The amount that may have been stolen from Koss since 2006
$18.4 million - The company's reported earnings during the same period


 
Dec 25, 2009 at 10:52 PM Post #10 of 18

Zombie_X

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I think I'll put my application in this week, they are within walking distance from where I live...
 
Dec 26, 2009 at 12:44 AM Post #11 of 18

nhancakes

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$20 million - The amount that may have been stolen from Koss since 2006
$18.4 million - The company's reported earnings during the same period

Does this mean that there might be a loss of ~2 mil. or that they got jipped out of an extra 20 mil profit?
 
Dec 26, 2009 at 2:51 AM Post #12 of 18

AmanGeorge

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Ouch, that really sucks. I hope Koss manages to work it out and get back on its feet. Good luck to them.
 
Dec 27, 2009 at 3:53 AM Post #15 of 18

nylan8301

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I really hope they are able to bounce back from this. I love the KSC75's and the Portapros. Their lifetime warranty is a big reason why I shop koss. It would be terrible if something like this is what ends koss.

-Nylan
 

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