Sep 30th, 2009
A couple years ago there was trouble on the horizon for the big banking company of Wachovia. It seems they were allowing themselves to cater to less-than-savory customers.
New York Times reports:
Last spring, Wachovia bank was accused in a lawsuit of allowing fraudulent telemarketers to use the bank’s accounts to steal millions of dollars from unsuspecting [...]
Sep 24th, 2009
This is just not right. While a company doesn’t exactly have complete control over or responsibilty for its employees, they do owe a cheated customer something when an employee commits a damaging act against them. Waitress lost your credit card? A classy place will give you your meal for free. It wasn’t the establishment’s fault, [...]
Aug 25th, 2009
A well-known local upholstery business was ordered to pay more than $100,000 in fines Monday after pleading no contest to trying to charge an elderly customer more than $62,000 for drapes that cost them $2,250 to purchase and install.
Arrow Upholstery & Drapery was ordered to pay a $102,000 fine in the second-degree felony elder fraud [...]
Aug 7th, 2009
Every now and then, executive jerks are held accountable and forced to pay for their mistakes.
Former CEO of insurance giant AIG will have to pay to $15 million to settle charges with the SEC, CNNMoney reports. Hank Greenberg’s been accused of inflating earnings at his headline-attracting company and the SEC sued him for accounting fraud. [...]
Aug 4th, 2009
We write a lot about scandals that rock corporations and the Executive Jerks that profit from shady decisions. What we don’t always hear about though, are the countless stories of employees and associates who didn’t do anything wrong but get dogged with rumors of wrongdoing for years.
Jul 27th, 2009
Sometimes you don’t have to be an individual in order to be a top executive jerk. Such is the case in North Carolina, where big ISP providers are trying to keep internet costs high. They’re avoiding cheaper options and keeping “high” overhead in order to pass the charges along to the customers. What jerks!
There’s been [...]
Jul 10th, 2009
Ausaf Umar Siddiqui, Vice President of Fry’s Electronics, manages a unique spot here on this blog. Not only was he being a Class A Executive Jerk, he managed to get caught in what might possibly be the stupidest way ever. First, the part that makes him a rich jerk who only wanted to get richer.
Siddiqui [...]
Jul 7th, 2009
A religious broadcaster is building a $4 million home in a gated, lakefront community in western South Carolina at the same time that the ministry has cut jobs and reset thermostats to save money in its new headquarters. Read on…
Inspiration Networks’ CEO David Cerullo has really hit a new low. I can’t imagine even being [...]
Jul 6th, 2009
Darryl McCauley, 44, of York, Maine and Wilmington, Mass., has been indicted on additional charges related to the alleged theft of millions from his younger half-brother, comedian Dane Cook.A Middlesex County grand jury in Woburn, Mass., returned an additional 20 indictments late last week, according to a statement released Monday, July 6, by the office [...]