British Man Charged With $10M Fraud Of Hewlett-Packard

Law360, New York (December 14, 2011, 7:59 PM EST) -- Federal prosecutors in Texas accused a British national Wednesday of defrauding Hewlett-Packard Co. to the tune of more than $10 million by using straw buyers to fraudulently acquire computer equipment at steep discounts, which would then be resold.

In a two-count indictment, prosecutors claim that in a scheme spanning May 2009 through November 2011, U.K. citizen Mark Allan James, 44, recruited individual business owners to pretend to be interested in buying a large number of computer products, which they would claim would be used internally and...
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