A former Microsoft Corp. MSFT.O employee was arrested on Monday for allegedly ordering more than $17 million of software via an internal purchasing system and then selling it to keep the proceeds for himself. Richard Gregg, 43, was also indicted on Monday on 62 counts of mail and computer fraud, according to court papers. Gregg allegedly ordered 5,436 pieces of software worth more than $17 million at retail price, which he sold for a profit, according to an investigation by the Federal Bureau of Investigation and U.S. Attorney’s Office for the Western District of Washington. Gregg, who pleaded not guilty to the charges, was fired from Microsoft in December 2002, at the same time when another Microsoft employee was also terminated on suspicion of ordering software and reselling it for a profit. Redmond, Washington-based Microsoft said that Gregg, a project coordinator for developing Windows, the company’s flagship operating system, was one of the reasons why the company adopted a more stringent anti-theft policy late last year. Full Story
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