A 47-year-old man who US prosecutors described as a UK citizen has been convicted of participating in a conspiracy to defraud Hewlett-Packard of 14 million dollars (£8m) by fraudulently purchasing computers and equipment at a discount.
A Houston federal court jury deliberated for about five hours before returning a verdict against Mark Allan James.
James was accused of recruiting businesses around the world over a two-and-a-half year period ending in November 2011 to buy computing products and falsely represented the purchases under an HP discount plan offered to large-volume purchasers. The equipment wound up being diverted for resale.
Evidence at the seven-day trial showed an HP security team helped in the investigation, which included an undercover buy.
James faces multiple 20-year prison terms and multiple fines of as much as 500,000 dollars (£300,000).
https://uk.news.yahoo.com/man-convicted-computer-fraud-bid-195051249.html
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