achuchma
join:2001-04-11
Tampa, FL
| reply to knightmb
Re: Made $1,000,000 but cost them $300,000?
said by knightmb  :Sounds like the guy should have been smart and just made a real business out of it rather than steal and come up with $700,000 still. Per the news story, the $300k was what the victimized companies had to pay.
The thief is the one that walked away with the $1M.
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Bring back chicken and potato chips - Vote Perot! |
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Camelot One
Premium,MVM
join:2001-11-21
Sarasota, FL
clubs:
| I think what he was saying though is that the "thief" brought in $1M, and even though he stole from the other companies $300k worth of service, it was only $300k in costs versus $1m income.
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AMD X2 4800+ @2700Mhz/ MSI K8N Neo 4 Platinum SLI/ 4x 1024Mb Corsair XMS PC4000/ WD 74Gb Raptor/ PNY 7800GTs SLI/ Antec 550 True Control/Custom water cooler |
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mierwins
join:2004-03-18
Montgomery, IL | Is it just me or does a $300,000 theft of services not seem like a "Major VoIP Scam"? |
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insomniac84
join:2002-01-03
Schererville, IN | reply to Camelot One
He stole $300,000 from 15 companies.
300,000 * 15 = $4,500,000. So clearly there was no money to be made. A legit company would have had a net loss of 3.5 million dollars. |
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