Monday, Dec. 22, 2008 | 10:23 p.m.
UPDATED STORY: DA says Fry’s executive was major debtor in Las Vegas
The San Jose Mercury News is reporting that a one-time computer salesman who rose through the ranks to help build Fry's Electronics into a robust retailer is facing allegations that he defrauded the San Jose company out of $65 million, much of which he used to pay off enormous gambling debts in Las Vegas.
Ausaf Umar Siddiqui, 42, who goes by "Omar" and had been Fry's vice president of merchandising and operations, appeared Monday in federal court, where prosecutors filed a complaint alleging he masterminded a "secret kickback scheme to defraud Fry's Electronics of millions of dollars."
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