[logwed]

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

Koss embezzlement may exceed $20 million - JSOnline

 

[boomana]

wowza.

 

[tamahome77]

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.

 

[Armaegis]

$1.3M in clothes and jewelry in two years? I... I'm not sure my poor thrift store brain can comprehend that.

 

[Spasticteapot]

This must be why we've never seen a Koss ESP960....

 

[kboe]

Can I get a job?

 

[MCC]

Lock up this scum for life. $20m is a huge impact on a company this size.

 

[Landis]

That's a shame for a company that's so loyal and supportive to its customers.

I wish the Koss company all the best in recovering from this mess.

 

[chinesekiwi]

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

 

[Zombie_X]

I think I'll put my application in this week, they are within walking distance from where I live...

 

[nhancakes]

$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?

 

[AmanGeorge]

Ouch, that really sucks. I hope Koss manages to work it out and get back on its feet. Good luck to them.

 

[Redo]

The best budget phones, maybe the IRS will understand

 

[mritt400]

Women? eh?

 

[nylan8301]

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