The Great Office Supply Caper

Date: Tuesday January 22, 2013 09:08:50 am

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<div style=”margin:0px; width:800px; height:auto; overflow:auto”>The Great Office Supply Caper 
 By <a href=”http://www.businessweek.com/authors/2516-venessa-wong” rel=”author”>Venessa Wong</a> 
Quick … hide the toner! The New York Times <a href=”http://www.nytimes.com/2013/01/16/nyregion/man-charged-in-theft-of-copy-toner-worth-over-376000.html?ref=nyregion&_r=0″>reported</a> yesterday that prosecutors are accusing a former employee of law firm Fried, Frank, Harris, Shriver & Jacobson of stealing thousands of cartridges of copy machine toner, worth more than $376,000, and reselling them on the black market over the past two years. The man, Adrian Rodriguez, allegedly sold the cartridges, which had a market value of $80 to $259 each, for $10 for black ink and $15 for color ink.
Printing toner cartridges, which fetch a high price compared with, say, ballpoint pens, are a popular target of office thieves, along with big-ticket items such as electronics and other equipment. (The Bic ballpoint pens in my office retail for a measly $4 for a box of 60, which is barely worth the effort.) And Rodriguez isn’t the first to try to get away with some workplace toner thievery:
• In 2011, former Memorial Sloan-Kettering Cancer Center employee Marque Gumbs was convicted of stealing more than $1.5 million worth of printing toner cartridges from the New York hospital and was sentenced to seven years in prison, reported the <a href=”http://www.nytimes.com/2013/01/16/nyregion/man-charged-in-theft-of-copy-toner-worth-over-376000.html?ref=nyregion&_r=0″>New York Times</a>.
• In 2007, Michael D. Peller, an account executive at stationary supply company Aos Acquisition in New Jersey, admitted to stealing 30,000 toner cartridges worth $1.72 million from 2003 to 2005, reported <a href=”http://record-bergen.vlex.com/vid/salesman-toner-faked-resold-cartridges-62897272″>the Record</a>.
• In September 2011, an Australian print shop worker in Sydney was charged with lifting 23,000 printer toner cartridges worth about $2.4 million from his employer, according to the <a href=”http://www.smh.com.au/nsw/print-worker-made-24-million-in-black-market-toner-scam-police-20110916-1kchv.html”>Sydney Morning Herald</a>. Police also found 313 cartridges in his home that were allegedly stolen.
So the next time your office mysteriously runs out of toner, know this: It’s probably just ’cause you’re printing too many e-mails. Or your cubicle mate is a criminal mastermind.
 
 
<img width=”630″ height=”420″ alt=”The Great Office Supply Caper ” src=”http://images.businessweek.com/cms/2013-01-17/0117-toner-ink-theft-630×420.jpg” title=”The Great Office Supply Caper ” />
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January 22, 2013 at 9:08 AM

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