Home Depot Exec Pleads Guilty
Atlanta In a federal court on Monday, former Home Depot executive Anthony M. Tesvich, 42, pleaded guilty to fraud and tax evasion.
Tesvich, whose career at The Home Depot spanned 19 years before it was terminated in October 2007, admitted to stealing millions of dollars in vendor kickbacks and not reporting or paying taxes on the income.
The Atlanta Journal-Constitution described Tesvich as the “mastermind” of a kickback scheme that included cash and gifts, which Tesvich shared with a number of former Home Depot associates. Reportedly, Tesvich rewarded his fellow workers for signing contracts with overseas flooring suppliers with whom Tesvich had relationships.
The federal suit charged that Tesvich had conducted the fraudulent business from at least October 2002 until October 2007.
Survey: Businesses want to go green, but afraid of costs
DELRAY BEACH, Fla. According to a survey of 2,500 business professionals by Office Depot, half of all respondents are interested in making their offices “greener.”
While 50% of those surveyed said they’d like to have a greener office, more than half (55%) said they did not associate going green with saving money.
According to Yalmaz Siddiqui, director of environmental strategy for Office Depot, “There is actually a range of cost scenarios that a business could face when deciding to go green,” he explained. “Some choices, like remanufactured cartridges, cost less; some require an upfront investment but come with long term cost savings, like compact fluorescent lights; some products entail no price difference; and some green ideas do cost more. The trick is to understand the different options and not assume that going green will always result in higher costs.”
Toys ‘R’ Us to be exclusive retailer of ‘Soul Bubbles’ Nintendo DS game
REDWOOD CITY, Calif. Toys “R” Us will be the exclusive retailer of Soul Bubbles, a new game for Nintendo DS created by Eidos Interactive.
“Creative and refreshing, Soul Bubbles is a unique game that DS owners won’t want to miss,” said Robert Lindsey, evp of sales and marketing for Eidos Inc. “This is a charming story combined with gameplay that pushes the capabilities of the Nintendo DS is sure to engage all puzzle gaming fans.”