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August 15, 2003

Cheating on Educational Discount
Results in Damage Award,
Mail-Fraud Conviction

Hewlett-Packard announced yesterday that it had recovered some $1.8 million from a company that bought computers using an educational discount but then resold them to commercial customers. See story.

(Perhaps of greater interest to corporate managers, the company's owner reportedly pleaded guilty to related federal mail-fraud charges.)

Lesson: Don't lie about being eligible for discounts or other special deals -- that is, unless you think you might look good in handcuffs.

August 15, 2003 in Criminal Penalties, Purchasing | Permalink


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