Free Republic
Browse · Search
General/Chat
Topics · Post Article

Seems to me that the 3 Fry brothers are making so much money that they were not very careful about monitoring their purchasing operation.
1 posted on 10/19/2011 12:55:18 PM PDT by Stayfree
[ Post Reply | Private Reply | View Replies ]


To: Stayfree

If you have never been in Fry’s...its a warehouse of electronics, computer gear, etc. It is so popular that each store has about 30 or 40 cashiers!


2 posted on 10/19/2011 12:56:59 PM PDT by Stayfree (Find out the truth at Lawyers-Lawsuits.com!)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Stayfree

From the San Jose Mercury News, In August:

Ausaf “Omar” Siddiqui was once a prized “whale” in Vegas, a high roller who demanded that casino butlers and bellboys call him “Mr. S” and fill his room with golden raisins, bottles of Dom Pérignon and Glitterati Mentissimo peppermints adorned with a single rose.

Siddiqui’s Chapter 7 bankruptcy filing July 13 in San Jose shows he’s on the hook for $11.5 million to the MGM Grand Hotel, $5.7 million to Caesar’s Palace, $2.3 million to the Palms Casino Resort, and $1 million to Hard Rock. That’s not to mention the “unknown” amounts he owes other creditors, Mohegan Tribal Gaming in Connecticut, and three high-end casinos in London — Les Ambassedeurs, Aspinalls and Maxim’s Casino Club.

On top of that, he owes money to at least five Fry’s vendors, the bankruptcy filing says. They are the same vendors who have sued him for more than $10 million, alleging he used his position at Fry’s to force them to pay kickbacks in order to place their wares on store shelves. He also faces $15 million in state tax liens, according to court records.


3 posted on 10/19/2011 1:04:11 PM PDT by tcrlaf (Election 2012: THE RAPTURE OF THE DEMOCRATS)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Stayfree

from the same article:

Total liabilities: $136,558,093
Creditors include:
MGM Grand Hotel
in Las Vegas,
$11.5 million
Caesar’s Palace
in Las Vegas,
$5.7 million
Palms Casino Resort in Las Vegas, $2.3 million
Hard Rock Hotel and Casino in
Las Vegas, $1 million

Total assets: $6,952,821
Assets include:
32 acres on McKean Road in San Jose, valued at $1.1 million
Condominium on Charleston Avenue in Palo Alto, valued at $800,000
Wardrobe: $5,000
Furniture and home wares: $5,000
Cash on hand: $500
Checking account: $80
Source: Bankruptcy filing documents


5 posted on 10/19/2011 1:05:50 PM PDT by tcrlaf (Election 2012: THE RAPTURE OF THE DEMOCRATS)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Stayfree

Again, dump the tab on the infidels.


11 posted on 10/19/2011 1:28:40 PM PDT by SgtHooper (The last thing I want to do is hurt you. But it's still on the list.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Stayfree

I remember this guy..! At the casino he was a VERY picky customer who insisted on having his a$$ kissed to an unbelievable degree:

They had to stock his closets with suits, and they could never approach him from behind —many, many other things, also.

The level of detail might have surpassed the treatment insisted on by Barbara Streisand. He had made them a booklet for it all, I think.


12 posted on 10/19/2011 1:28:47 PM PDT by gaijin
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson