Newspaper article THE JOURNAL RECORD

The Journal Record Legal Briefs: February 11, 2010

Newspaper article THE JOURNAL RECORD

The Journal Record Legal Briefs: February 11, 2010

Article excerpt

Owner of electronics companies indicted

Mehran Koranki of Yukon has been charged by a federal grand jury with defrauding Nortel Networks by submitting bogus warranty claims for computer parts, according to Sanford C. Coats, U.S. attorney for the Western District of Oklahoma.

According to the indictment, Koranki owned and controlled two Oklahoma City companies in the business of maintaining, repairing, and selling computer network components. The indictment alleges that from February 2005 until May 2006, the companies - SMC Electronics and Allied Solution Technical Center - used a warranty agreement with the electronics manufacturer Nortel Networks to obtain computer parts with retail values as high as $24,995.

The warranty agreement allowed businesses with Nortel computer systems to obtain replacements for broken or defective parts. It required that businesses use replacement parts in their own Nortel systems and not sell the parts to third parties.

According to the charges, even though neither SMC nor ASTC had a Nortel system, they obtained replacement parts for sale to third parties. …

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