Former TigerDirect President Indicted in $230 Million Laundering Scheme

McGruber writes: Carl Fiorentino, known to many slashdotters for his regular hyperbole-filled emails advertising "unbelievable" blowout pricing on memory, storage, other components & overclocker specials, has been indicted in New York federal court on seven counts of fraud and money laundering charges.

Fiorentino allegedly took more than $7 million in bribes and kickbacks in exchange for steering more than $230 million in business to the Taiwanese and California companies that made the payments.