Two men Admit to Toner Fraud that Prosecutors Claim Cost Xerox $21 Million

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By Gary Craig – Two men admitted Friday to defrauding Xerox Corp. through a scheme that prosecutors allege cost the company more than $21 million.

Defense lawyers say the amount of loss alleged by prosecutors is significantly greater than the actual fraud. Fittingly, since the cheated company was the printing giant Xerox, the question of the scope of the fraud will hinge on the price of toner materials.

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