Former Koss Corporation Executive Charged in $31 Million Dollar …

Sachdeva is the former Vice President of Finance, Secretary, and Principal Accounting Officer for Koss Corporation, a publicly traded company located in Milwaukee, Wisconsin. The indictment …


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Former Koss Corporation Executive Charged In $31 Million Dollar …

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Sachdeva is the former Vice President of Finance, Secretary, and Principal Accounting Officer for Koss Corporation, a publicly traded company located in Milwaukee, Wisconsin. The indictment …

fbi.gov

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Former Koss Executive Accused Of Embezzling $31M

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Jan 22, 2010  · A grand jury indicted a former executive of Milwaukee-based Koss Corp. on six charges Wednesday, accusing her of embezzling $31 million from the headphone …

seattletimes.com

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Koss Exec Accused Of Embezzling $31M - UPI.com

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Jan 20, 2010  · A former senior executive for Koss Corp. allegedly embezzled more than $31 million from the Milwaukee headphones manufacturer, federal officials said Wednesday.

upi.com

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Former Koss Executive Accused Of Embezzling $31M - Newsday

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Jan 21, 2010  · (AP) — A grand jury indicted a former executive of Milwaukee-based Koss Corp. on six charges Wednesday, accusing her of embezzling $31 million from the headphone …

newsday.com

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Ex-Koss Executive Receives Reduced Sentence In $34M …

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Lead defense attorney Michael F. Hart argued that Ms. Sachdeva was afflicted with, among other mental health conditions, a compulsive shopping disorder that caused her to steal money from her employer in order to cover her credit card debts. The former Koss executive spent millions on clothing and jewelry, much of which was left unused in storage s...

kohlerandhart.com

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Former Koss Exec Charged With Embezzling $31M

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Jan 21, 2010  · Industry 4.0; Former Koss Exec Charged With Embezzling $31M. Grand jury indicted a former executive of the headphone manufacturer on six charges Wednesday, …

manufacturing.net

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Sachdeva Out Of Prison After Serving Six Years For Stealing $34 …

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Apr 6, 2017  · Sujata "Sue" Sachdeva, the Mequon woman who stole $34 million from Koss Corp., is being released from prison Friday, just six years after she began serving an 11-year …

jsonline.com

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Former Koss Corp. Executive Sachdeva Sentenced To 11 Years In …

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Nov 17, 2010  · Former Koss Corp. executive Sujata "Sue" Sachdeva was sentenced Wednesday to 11 years in prison for embezzling $34 million from the Milwaukee stereo headphone …

jsonline.com

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Former Koss Exec To Be Sentenced For Embezzlement

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Aug 24, 2010  · MILWAUKEE (AP) — The sentencing for a former Koss Corp. executive accused of embezzling about $34 million has been postponed a month to November. Sujata "Sue" …

manufacturing.net

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Ex-Koss Exec Gets 11 Years For $34 Million Embezzlement - NBC …

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Nov 18, 2010  · A former Koss Corp. executive who pleaded guilty to embezzling $34 million from the Milwaukee headphones maker has been sentenced to 11 years in federal prison. IE 11 is …

nbcnews.com

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Former Koss Exec Facing Sentence For Embezzlement

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The former Koss Corp. executive accused of embezzling $34 million from the headphones manufacturer faces sentencing in federal court in Milwaukee. Koss chief executive Michael …

breakinglegalnews.com

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Koss Embezzler Feared Discovery From Start - Milwaukee Journal …

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Jan 4, 2011  · Former Koss Corp. executive Sujata "Sue" Sachdeva worried each day that she would be caught embezzling money that eventually totaled $34 million. "Fear was one thing. I …

jsonline.com

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Koss Corp. Loses Again In Sachdeva Embezzlement Lawsuit

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Jan 29, 2019  · The Wisconsin Supreme Court has ruled against Koss Corp. in its lawsuit against Park Bank in the $34 million embezzlement by former executive Sue Sachdeva.

jsonline.com

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Former Koss Executive Sentenced - FBI

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On Wednesday, November 17, 2010, former Koss Corporation executive Sujata “Sue” Sachdeva was sentenced in federal court to serve 11 years in prison for embezzling $34 million from the …

fbi.gov

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Prison Time Reduced For $34 Million Koss Corp. Embezzler

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Aug 1, 2015  · A U.S. District Judge reduced prison time for a former executive for Koss Corp. by 25 percent, last week. Sujata “Sue” Sachdeva was convicted of embezzling approximately $34 …

rittgers.com

FAQs about Former Koss Corporation Executive Charged in $31 Million Dollar … Coupon?

Did Sachdeva fraudulently obtain $31 million from Koss?

The indictment alleges that Sachdeva used her position at Koss to fraudulently obtain more than $31 million from Koss, which she used to purchase personal items and pay for personal expenses. ...

Did Sue Sachdeva steal $34 million from Koss Corp?

RELATED: Sachdeva out of prison after serving six years for stealing $34 million from Koss Corp. The Wisconsin Supreme Court has ruled against Koss Corp. in its lawsuit against Park Bank in the $34 million embezzlement by former executive Sue Sachdeva. ...

Did Grant Thornton alert Koss to Sachdeva's embezzlement?

Besides Park Bank, Koss also sued American Express Co. and accounting firm Grant Thornton, alleging they should have alerted Koss to Sachdeva's embezzlement. Grant Thornton, which had audited Koss' books during part of the time Sachdeva was stealing, agreed in 2013 to pay Koss $8.5 million. ...

How much did American Express Pay Koss?

Grant Thornton, which had audited Koss' books during part of the time Sachdeva was stealing, agreed in 2013 to pay Koss $8.5 million. In 2016, American Express agreed to pay Koss $3 million to settle its lawsuit. ...

Who is Michael Koss?

Her thievery lasted a decade, and Michael Koss, the chief executive officer at the company founded by his father, was chastised by corporate governance officials for failing to spot Sachdeva's thefts. Koss declined comment this week about Sachdeva's impending release. ...

Did Park Bank Alert Koss to Sachdeva's misappropriation of company funds?

Koss had sued Park Bank, which handled the headphone-maker’s accounts, alleging it should have alerted Koss to Sachdeva’s misappropriation of company funds. From 1997 to 2009, when her embezzlement collapsed, Sachdeva ordered some $17 million in cashier’s checks paid by Koss, the company said in its original lawsuit, filed in 2010. ...

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