Wikipedia has a lot more detail about him. Basically a Fry’s VP arranged for $65 million in kickbacks from companies that wanted to see at Fry’s, and then gambled away even more than that, and ended up $137 million in debt:

https://en.m.wikipedia.org/wiki/Ausaf_Umar_Siddiqui

That reminds me of how TigerDirect ended up [0]. There's another one I sorely miss, especially since there was one store that was a ten-minute drive for me.

[0] https://en.wikipedia.org/wiki/TigerDirect#Founders_convicted...

That's for the insightful Wikipedia link!

Really speaks to the mismanagement how an individual can receive tens of millions in kickbacks and no-one else in management identified the fraud.

I wonder how many other companies such behavior is happening in.

I guess almost the same as CompUSA (maybe not as bad as CrazyEddie's tough). Bad/corrupt management. BestBuy tough had and has a much much broader client base and does not have to carry the large number of SKUs.