Sunday, January 09, 2011

Shrinkage are you safe?

How does one steal nearly $1 million worth of electronics and hardware from storage giant EMC? Easy: Just use a small bag and lots of patience. Unfortunately for the thief, not getting caught while doing this proved slightly more difficult.
The engineer in question is Kevin Kelly, who worked at EMC's North Carolina location as a tester. Also, as a catpurse, since he was able to smuggle approximately $930,000 worth of goods out the door in a small bag over the course of an undisclosed amount of time. He then sold those goods under a pseudonym to a company called BL Trading.
Eventually Kelly was arrested for his crimes and today faces up to 32 years in prison, even after pleading guilty. BL Trading is being charged with a host of crimes too, including receipt of stolen property, fraud and transportation of stolen property. [IT News via Slashdot]

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