Those fraudulent invoices, by design, did not reveal to QVC the true nature of Falkowski’s expenses.
In return, TSG leadership secretly cut Falkowski into the deal, and made him their “silent partner” – agreeing to pay Falkowski a kickback of fifty percent (50%) on all royalty payments received from QVC, as well as for funds received from a separate deal related to product sold by a QVC competitor. ] You have a better deal [at QVC] than any other rep because of me solely.
First there was that lawsuit that an ex-female exec filed against a high-end dating service.
On Thursday, one of the home shopping network’s ex-execs was indicted on charged of defrauding the channel of more than 0,000 and taking kickbacks from vendors. greedy chuckle head, whose 9,000 salary apparently wasn’t enough, gypped QVC, charging for luxury hotel stays and spa treatments when two vendors were actually footing those bills.
After QVC hired TSG, Falkowski allegedly used TSG to “launder” hundreds of thousands of dollars of his personal expenses.
Falkowski did this by causing TSG to reimburse him directly for his personal expenses, but after paying Falkowski in the dollar amounts he commanded, TSG subsequently obtained reimbursement from QVC by issuing fraudulent invoices to QVC often written at Falkowski’s direction and, in certain instances, written by Falkowski himself.