Re: Brinks Home Security Gets Caught Stealing From Its Customers

[G. Morgan <no_em@xxxxxxxxxx>]

Jim Rojas wrote:

>Don't they have to inventory all that leased equipment and pay a
>inventory tax on it? Afterall it has to count as inventory if the
>customer never retains ownership.

Yeah, that's what I've been thinking.

> $15+ million a year is a nice chunk of
>change...I wonder if the Texas Attorney General would consider RICO
>charges against Brinks. Maybe the IRS can go after them as well for tax
>evasion or fraud.

Well the customers should get their money back for sure, if they paid taxes on
Binky's inventory.  Then sure, someone should look into if that constituted
fraud in an attempt to evade taxes.

--

"Newspaper claims car thief transformed into a goat"
http://news.yahoo.com/s/ap/20090124/ap_on_fe_st/odd_goat_thief_5