Koss Corp., which makes headphones and audio-related electronics, was nearly bankrupted by former VP Sujata "Sue" Sachdeva, convicted of embezzling $34 million and sentenced to 11 years in prison. Now, the U.S. Marshals Service is auctioning hundreds of items, including designer shoes, purses, and clothing, formerly belonging Sachdeva. The property, which includes brands such as Armani, Manolo Blahnik, Brooks Brothers, Chanel, Fendi, Gucci, Donna Karan, LAM and Louis Vuitton, was seized and forfeited in connection with the criminal prosecution of Sachdeva. The auction is being conducted online. What's your bid for this Judith Leiber handbag?
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November 07, 2011
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It's Koss, not Koch.
Posted by: John Knight | November 09, 2011 at 08:04 AM
Thanks for the catch, John Knight. The post has been corrected.
Posted by: Kathy Vetter, Star-Telegram | November 09, 2011 at 05:11 PM
Kathy, it should have been correct before posted.
Posted by: Sir Boo | November 10, 2011 at 11:08 PM