Market Commentary and Intraday News
A new market, black as ink, in NYC: printer toner
317 days ago
|Dump These 9 Stocks!|
If you own any of these 9 dead-end stocks, your portfolio is in danger. The 9 stocks in my report will underperform the market & should be avoided. Report details the biggest losers for the second half of 2013 AND the secret to spotting the underperformers. Free Bonus: The 3 best small stocks you should buy today.
By TOM HAYS
(AP:NEW YORK) Prosecutors say there's a black market for copier toner that is making New York City businesses vulnerable to employee theft.
So far, there have been arrests in separate inside jobs at a leading cancer treatment hospital and a large law firm in Manhattan.
In the hospital case, a clerk earning a modest salary was convicted of financing a luxury lifestyle by secretly ordering $1.5 million in toner and reselling it. An employee at the law firm has been charged with stealing toner cartridges worth up to $259 a piece and dumping them for as little as $10.
The scope of the black market is unclear. But there have been isolated instances of similar toner diversion schemes in other parts of the country.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.