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View Full Version : Millionaire Wal-Mart exec pleads guilty to STUPID thefts

JLam
31st January 2006, 01:02 PM
What would you do if you had an annual $1 million salary, $3 million bonus, and $20 million (that's right TWENTY MILLION) in Wal-Mart stock?

This guy thought it proper to do this:Coughlin's admissions

According to filing of information that was filed with the plea, Coughlin specifically admitted:
Falsifying a travel expense voucher to pay $700 allegedly for travel and meeting expenses, but which was actually for the care of Coughlin's hunting dogs.
Using a false invoice for $6,500 to pay for a private hunting lease.
Using a false expense statement to cover $2,695 for upgrades to his 1999 Ford truck, which he claimed as reimbursement for meeting expenses.
Using fraudulently obtained gift cards to pay for a cooler, two cases of Smirnoff, two cases of Miller Light beer, a bottle of Jack Daniels, a carton of tequila, and other items from a Sam's club in Joplin, Missouri.
Using a false invoice to receive a check for $3,100 that was cashed for his personal use.
Filing a false tax return.
Whole story is here (http://www.cnn.com/2006/LAW/01/31/walmart.plea.ap/index.html). Un-freakin-believable. You make THAT much money, but feel the need to steal what amounts to pocket change for a millionaire.

Some people are just disgusting.
TragicMonkey
31st January 2006, 01:10 PM
Some rich people are very greedy.
Luke T.
31st January 2006, 01:10 PM
I guess pickles at Wal-Mart will be going up to 58 cents a metric ton after this.
JLam
31st January 2006, 01:25 PM
It just occured to me that if you're going to be a corporate thief, you should at least put some effort into it. Make it look like you tried. This guy is giving people like Kozlowski, Ebbers, Skilling, Fastow and Lay a bad name!

$700 on your dogs?? Where's that $6,000 shower curtain, or the million dollar birthday party? You corporate greed-mongers have got to start thinking outside the box!!
Mycroft
31st January 2006, 04:46 PM
What would you do if you had an annual $1 million salary, $3 million bonus, and $20 million (that's right TWENTY MILLION) in Wal-Mart stock?

This guy thought it proper to do this:Whole story is here (http://www.cnn.com/2006/LAW/01/31/walmart.plea.ap/index.html). Un-freakin-believable. You make THAT much money, but feel the need to steal what amounts to pocket change for a millionaire.

Some people are just disgusting.

I think when you're that wealthy that theft on that level is a mental illness. Like Wynona Rider shoplifting.
TragicMonkey
31st January 2006, 04:49 PM
I think when you're that wealthy that theft on that level is a mental illness. Like Wynona Rider shoplifting.

The thing that outraged me about that was that she stole a $70 pair of socks. Socks? Socks?!?!?! That there exists, in the world, socks at the price of $70, is obscene.
Luke T.
31st January 2006, 05:15 PM
The thing that outraged me about that was that she stole a $70 pair of socks. Socks? Socks?!?!?! That there exists, in the world, socks at the price of $70, is obscene.

That's a whole pallet of socks at Wal-Mart.
Bjorn
31st January 2006, 06:37 PM
The thing that outraged me about that was that she stole a $70 pair of socks. Socks? Socks?!?!?! That there exists, in the world, socks at the price of $70, is obscene.Could it be that some slave laborers (children, probably) are making them? I pay $130 per pair, more or less, for mine.
Regnad Kcin
31st January 2006, 08:23 PM
I think when you're that wealthy that theft on that level is a mental illness. Like Wynona Rider shoplifting.The thing that outraged me about that was that she stole a $70 pair of socks...The thing that outrages me is the number of times Mycroft and Monkey use the word "that" in a sentence.
TragicMonkey
31st January 2006, 09:17 PM
The thing that outrages me is the number of times Mycroft and Monkey use the word "that" in a sentence.

That that disturbs you is perhaps a symptom of that condition that is known as "Thatophobia"; that affects 26 million worldwide.
Mycroft
31st January 2006, 10:41 PM
The thing that outrages me is the number of times Mycroft and Monkey use the word "that" in a sentence.

Funny you should mention it. I often edit my posts to remove extraneous "thats". They do seem to just sneak in when you're not looking. :)
TragicMonkey
31st January 2006, 10:45 PM
Funny that you should mention that. I often edit my posts to remove that extraneous "thats". That they do seem to just sneak in that when you're not looking at that.

Corrected.
Freakshow
31st January 2006, 10:48 PM
Some rich people are very greedy.Another way to look at it is: Economic need is not the only thing that drives people to steal.
Ian Osborne
1st February 2006, 04:18 AM
I think when you're that wealthy that theft on that level is a mental illness. Like Wynona Rider shoplifting.

Absolutely. Kleptomania? Miser?
Mephisto
1st February 2006, 06:36 AM
You make THAT much money, but feel the need to steal what amounts to pocket change for a millionaire.

Making and stealing that kind of money makes me wonder WHY this guy isn't a politician or doesn't have a government position? He certainly sounds at least qualified enough to head up FEMA, or to watch over the Halliburton headquarters in Iraq.