Former Cisco exec jailed for fraud, dodging taxes

A former Cisco executive was this month sentenced to 36 months in a US prison, and ordered to pay more than $3.6m in fines, for wire fraud and tax violations. Former senior director of Cisco's global supplier management operation, Prithviraj "Roger" Bhikha, admitted in November last year, as he pleaded guilty, that he took …

[Pascal Monett]

$10 million in two and a half years

Too fast, too greedy. Should have played it cool, a shady deal a year, no more.

Especially since, in his position, I doubt he had financial problems at the end of the month.

But no, this guy obviously couldn't keep from raking it in, and he got caught.

Goes to show that fraudsters aren't as smart as they think they are.

[A Non e-mouse]

Re: $10 million in two and a half years

Greed.

[Anonymous Coward]

Re: $10 million in two and a half years

Too many executives have adopted the mantra of Gordon Gecko: "Greed is Good".

[The First Dave]

Re: $10 million in two and a half years

Sounds like he also made the "Al Capone mistake" - should have paid his taxes!

[Anonymous Coward]

Re: $10 million in two and a half years

Greed always gets them. We had a professor at the Boston area university I worked at pull a similar thing. The fake company was in his wife's name, who had a different sir name. Basically stole money from government contracts. Had he been less greedy, probably would have stayed under the radar for many more years. The University used its own money to make the contracts whole (never told the Feds), and simply encouraged the guy to not stay too much longer. He's now at a university in Texas, no doubt pulling the same scam.

[ecofeco]

Re: $10 million in two and a half years

Psychopaths are stupid that way.

[_LC_]

Will he go to prison and – if so – will they find the backdoor?

Crooks at Cisco? I'm shocked!

[A Non e-mouse]

Re: Will he go to prison and – if so – will they find the backdoor?

To be fair, the same could be said about any medium to large organization.

[YetAnotherJoeBlow]

If a man is dishonest at the job, so he is at home.

[_LC_]

I doubt that he was at home much

Those guys usually have a selection of prostitutes.

[elsergiovolador]

Everyone does it

Maybe he didn't share or pi55ed someone off.

If they combed through books of any big corporations, they would have to build extra prisons (except that likely developers building them would also be indicted).

[jason_derp]

How to know you're truly unimportant

You're an executive of a multibillion-dollar international company who got jailed for tax evasion! I'd be depressed if I was him.

[rcxb1]

<blockquote>his companies negotiated lower prices on behalf of Cisco,"</blockquote>

If he was finding the best priced suppliers for Cisco, where did the "kickbacks to the tune of $1.15m" come from?

I'm sure there are plenty of suppliers who would like to know the exact dollar amount of the lowest bidder just before they put in their own bid...

[ecofeco]

Shocked I tell you!

Well, not THAT shocked.