In this episode of Busted, Michael Thomas and Drew Howell examine the scheme of former Fry’s Electronics Vice President of Merchandising, Ausaf Umar “Omar” Siddiqui, and the elaborate way he was able to steal $65 million from the corporation. Through the influence of his executive-level position, Siddiqui was able to pull off an operational arrangement disguised as a cost-eliminating and profit-maximizing plan to the corporation.
You can also find, and subscribe, to this podcast on all major podcast platforms including , , , and .
Disclaimer
This podcast is provided for general informational purposes only and is intended as a general overview. The podcast does not constitute legal advice nor solicitation to provide legal services. It is not meant to convey a legal position of 鶹ֱ & Lardner, LLP (“鶹ֱ” or the “Firm”) on behalf of any client, nor is it intended to convey specific legal advice. Any opinions expressed in this podcast do not necessarily reflect the views of the Firm, its partners, or its clients. The podcast is not intended to create, and listening to the podcast does not constitute an attorney-client relationship. The listener should not act upon this information without seeking counsel from a licensed attorney. 鶹ֱ makes no representations or warranties of any kind, express or implied, as to the content of the podcast or to its accuracy or completeness and accepts no responsibility for an individual who acts or refrains from acting based on information obtained from the podcast. In some jurisdictions, the contents of this podcasts may be considered Attorney Advertising. If applicable, please note that prior results do not guarantee a similar outcome.
Speaker(s)
Related Insights
September 2, 2026
Upcoming
Events
2026 International Trade & Supply Chain Webinar Blitz
Two-part webinar on tariff policy shifts, IEEPA refunds, trade disputes, and supply chain strategies.
August 24, 2026
鶹ֱ Viewpoints
California's $366 Billion Venture Capital Boom: Founders and Investors Should Be Watching
California is going through a record-breaking venture capital surge, fueled mostly by the rapid expansion of artificial intelligence. Companies based in the state have attracted approximately $366 billion in venture capital since the beginning of 2026, nearly twice California’s previous annual record and more than three times the amount raised by companies in the other 49 states combined, according to PitchBook data reported by The Wall Street Journal.
August 24, 2026
Energy Current
The Grid's First-Half 2026 Fuel Mix
A one-fifth share, a flat middle, and a capacity buildout that looks nothing like the generation mix it will eventually produce.