Employees steal 1.3 million from DACW

Billyhoyle

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http://wivb.com/2014/09/12/salesmen-steal-1-3-million-from-trading-card-store/

BUFFALO, N.Y. (WIVB)
– Three men have admitted to stealing $1.3 million from a Town of Tonawanda trading card store where they worked as salesmen.
Aaron Hollars, 31, of West Seneca, Anthony Martone, 30, of Amherst, and David Woods, 25, of Williamsville have pleaded guilty to second-degree grand larceny.
According to the Erie County District Attorney’s Office, Hollars stole more than $800,000 from Dave and Adam’s Card World on Sheridan Drive from January 2013 through July 17 of this year. Martone stole more than $100,000 while Woods stole more than $400,000.
Prosecutors say the men took advantage of a computer software flaw used to process retail transactions.
Each defendant faces up to 15 years in prison when they are sentenced on January 8.
 
No Joke because of this DACW has slashed a heap of products prices to get some cash back into the business...... worth checking out.
 
They must supply to a large region as i know they are wholesale suppliers to hobby stores and retail outlets. Plus there's the online customers...
 
Shows how bad their accounts team were to not figure that out for over a year! :worthy:

Yeah, something not right there as no one must have been reconciling the supposed sales with what was coming in on the credit cards - pretty basic business procedure I would have thought !

Hopefully D & A can recover and start making some money...and give us lower prices ! ;-)
 
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