Best Buy Scammers Sentenced
The Illinois couple who defrauded Best Buy out of more than $30 million through fraudulent supply charges have been convicted and sentenced.
According to the Chicago Sun Times, Chip Factory owner Russell Cole was sentenced to 15 years after he was convicted of counts that included tax evasion, mail fraud, wire fraud and conspiracy. His wife, co-owner Abby Cole, received three years probation.
The Coles, with the help of an inside man at Best Buy, defrauded the retail giant through manipulation of the supply contract bidding process.