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You are here: Home / Archives for Crime

Crime

VOXX Int’l Reveals It’s Been Hit By a Ransomware Attack

September 30, 2020 by Ted Leave a Comment

Warns that Sensitive Employee & Contractor Info Compromised

VOXX International Corporation (NASDAQ:VOXX) revealed this week that they were the victim of a ransomware attack in July and that an assessment of the hack completed early this month shows that sensitive and confidential employee and contractor information has been compromised. The company has issued a warning to all employees and contractors who have worked for the company over the last 20-years.

See more on this surprising VOXX ransomware attack…

[Read more…] about VOXX Int’l Reveals It’s Been Hit By a Ransomware Attack

Filed Under: Brands, Crime, Law, Management, Manufacturers, News Tagged With: Klipsch, ransomware, Voxx International

Industry Brands Take a Public Stance on Systemic Racism & Injustice

June 4, 2020 by Ted 1 Comment

YouTube social media post on social injustice and racism

It seemed as if 2020 was destined to represent a year of hardship, illness, and death in the wake of a still simmering COVID-19 pandemic – not to mention its impact on the economy. Then, a white police officer in Minnesota was filmed with his knee on the neck of George Floyd, an unarmed black man, who died. That officer, along with three others present, was charged with murder. And a fuse was lit that erupted into street protests which were largely peaceful with some acts of violence in cities around the country.

This scenario – white police officer killing an unarmed black man – is an all-too familiar one here in the United States…but this time, people took to the streets both here and around the world. And a growing list of powerful brands, including a few in our industry, are stepping forward to take a stance on the issue.

See which brands are taking on racism…

[Read more…] about Industry Brands Take a Public Stance on Systemic Racism & Injustice

Filed Under: Brands, Crime, News, Strategy Tagged With: George Floyd, injustice, racism, systemic racism

EU Hits Pioneer, D&M, Philips & Asus with Fines for Price Fixing

July 27, 2018 by Ted Leave a Comment

Asus logoThe European Commission, the EU’s antitrust regulatory unit, after a 17-month investigation of online price fixing and other illegal anti-competitive practices has levied a fine of €111.2 million ($130 million) against four prominent consumer electronics brands, including Pioneer Corp., D&M Holdings Inc. of Japan, Koninklijke Philips NV of the Netherlands, and AsusTek Computer, Inc. of Taiwan. The companies were alleged to have imposed fixed or minimum online prices for their products.

See more on this strong action by European regulators… [Read more…] about EU Hits Pioneer, D&M, Philips & Asus with Fines for Price Fixing

Filed Under: Crime, Law, News Tagged With: Asus, D&M Holdings, Philips, Pioneer, price fixing

Polls: Facebook Faces a Major Trust Crisis

March 29, 2018 by Ted Leave a Comment

Stunning Reversal for Once-Loved FANG Brand

Facebook finds themselves square in the middle of a political and public relations fire storm, as news of the firms connection to Cambridge Analytica and the harvesting of the personal data on at least 50 million Facebook users, including perhaps you and I, have recently received a lot of news coverage. Now word comes via two new polls that the company’s brand has taken a serious hit in the eyes of their users and former fans.

See more on these latest polls about Facebook from Reuters/Ipsos… [Read more…] about Polls: Facebook Faces a Major Trust Crisis

Filed Under: Brands, Consumer Trends, Crime, Law, News, Pivot Point, Research, Survey Tagged With: Amazon, Apple, Cambridge Analytica, Facebook, Google, Mark Zuckerberg, Microsoft, Yahoo

HARD TIME: Vann’s Ex-CEO Gets 5+ Years in Federal Prison

May 25, 2017 by Ted Leave a Comment

Judge: ‘…Arrogance, That Defies Explanation’

Photo of George Manlove, now with Velodyne
George Manlove

 

In February, we reported that George Leslie Manlove was convicted on approximately 170 out of a total of 200 Federal felony counts stemming from his tenure as CEO of the now-defunct Vann’s Electronics & Appliances in Montana. A few days ago, Manlove learned his fate in the form of a sentence from U.S. District Court Chief Judge Dana Christensen, and it wasn’t a pretty picture. Manlove has been ordered to serve a sentence of more than 5 years in a Federal Penitentiary.

See more on this fall from grace by Manlove, the former CEO of Vann’s… [Read more…] about HARD TIME: Vann’s Ex-CEO Gets 5+ Years in Federal Prison

Filed Under: Crime, Law, News, Pivot Point, Retailers Tagged With: George Leslie Manlove, George Manlove, prison, Vann's

With Company Leader Incapacitated and Heir-Apparent Arrested: Who’s In Charge at Samsung?

February 22, 2017 by Ted Leave a Comment

Samsung's Vice Chairman LeeAfter several years of non-stop success, Samsung has had a bit of a tough run lately. From exploding smartphone batteries to self-destructing washing machines to the arrest of the company’s Vice Chairman and heir-apparant…it’s been a challenging time, to say the least. But with the company Chairman Lee Kun-hee incapacitated due to failing health and his son, the Vice Chairman, now in police custody – the company’s biggest problem is a lack of leadership at the helm.

See how Samsung is addressing their leadership gap as a result of recent police action… [Read more…] about With Company Leader Incapacitated and Heir-Apparent Arrested: Who’s In Charge at Samsung?

Filed Under: Asian Connection, Crime, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: Jay Y. Lee, Lee Kun-hee, Samsung Electronics

GUILTY: Former Industry CEO Manlove Convicted on Multiple Federal Charges

February 16, 2017 by Ted 2 Comments

Almost exactly one year ago, we told you that former CEO of Montana specialty retailer Vann’s, George Leslie Manlove, was charged with more than 200 counts of criminal conduct by Federal prosecutors after an investigation by the FBI and the Department of Labor. Manlove, who is married to the daughter of the founder of Vann’s, was accused of a number of crimes including conspiracy, wire fraud, money laundering, bankruptcy fraud, bank fraud, and making false statements.

Now we learn that after a two-week trial and two days of deliberation, jurors found Manlove guilty on 172 of those charges…and aquitted on the rest.

See more about the surprising downfall of Manlove, a former rising star of tech… [Read more…] about GUILTY: Former Industry CEO Manlove Convicted on Multiple Federal Charges

Filed Under: Crime, Law, News, Pivot Point Tagged With: George Manlove, Vann's

Prosecutors Make Their Case to Jail Head of Samsung

January 18, 2017 by Ted Leave a Comment

REUTERS/Kim Hong-Ji
REUTERS/Kim Hong-Ji

Judge Questions Jay Y. Lee in Arrest Warrant Hearing

In a case that has been percolating for weeks but has now come to a boil, special prosecutors in South Korea have gone before a judge to obtain a warrant for the arrest of Samsung Group leader, Jay Y, Lee. Summoned by the court to testify, Lee answered questions in a closed-door session at the court, held today. Lee denied he or his company participated in any wrongdoing.

The judge’s decision is expected very soon.

See more on the legal troubles that Samsung now finds themselves in… [Read more…] about Prosecutors Make Their Case to Jail Head of Samsung

Filed Under: Asian Connection, Brands, Crime, Law, News, Pivot Point Tagged With: Choi Soon-sil, Jay Y. Lee, President Park Geun-hye, Samsung

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Ted Green Bio

A former dealer, installer, manufac-turer, distributor & more. With a focus on business strategy, my goal is to help you make better decisions for more success.

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