Two jailed US channel fraudsters have been ordered to pay $35 million in restitution to their former firm Systemax.
The South Florida brothers were convicted of the kickback frauds last spring, after it was found they made millions of dollars by overpaying for parts from a firm in Taiwan.
Their actions are said to have led the company to overpay an estimated $27 million for computer parts, cables and other equipment.
Prosecutors said the pair spent the loot on waterfront mansions, flash cars, yachts and fine furniture.
The Fiorentinos originally founded the TigerDirect company, which was later bought by Systemax. Systemax owns Misco UK.
@AntonySavvas
Security vendor Flashpoint debuts partner programme following $28m funding
Complex buying journeys and sprawling partner networks hampering customer experience, says Accenture
Datacentre provider Cyxtera says launch is “milestone in our go-to-market strategy”
Ensono highlights importance of mainframes still to major industries
Security vendor VASCO looks to replicate UK and German set up across EMEA
Splunk details investment in Partner+ programme at .conf2017