There is a discussion on blind and reddit about this - here are some links:
Linkedin Profile (now purged): https://archive.is/zUZ39
Nuked thread from layoffs.com: https://archive.is/gNboY
Live Reddit Thread: https://www.reddit.com/r/Layoffs/comments/1mwezhn/massive_fraud_at_walmart_vp_getting_kickbacks/
Live Blind Thread: https://www.teamblind.com/post/massive-fraud-at-walmart-770kf4op
Contractors were hired through friendly consulting firms (often tied to the VP or associates).
Kickbacks came back to the VP and other leaders, sometimes disguised as real estate deals in India.
**Allegation: ** A Walmart Vice President was allegedly caught taking kickbacks through a subcontractor (reportedly Caspex). ** Kickbacks were described as a per-contractor hourly fee (some estimates said $5/hr per contractor, potentially tens of millions annually).
The VP was said to control ~400 contractors out of 1200, but all were terminated when the fraud was uncovered.
Contractors were hired through friendly consulting firms (often tied to the VP or associates).
Kickbacks came back to the VP and other leaders, sometimes disguised as real estate deals in India.
Caspex was specifically named, with claims it had also misused a $5M PPP loan.
Consequences:
The VP was rumored to have been fired.
All 1200 contractors from that vendor were terminated.
The VP allegedly owns multiple properties and has amassed tens of millions, possibly shielding him from financial ruin despite losing the job.
Reactions:
Some commenters demanded law enforcement action, calling it fraud and even suggesting RICO charges.
Others pointed out this type of corruption is widespread in tech and not unique to Walmart.
The discussion devolved into heavy racial and national origin blame, with many targeting Indian executives and H1B contractors, while a smaller group pushed back against the stereotyping.
Bottom line: A Walmart VP was allegedly removed over a contractor kickback scheme involving Caspex, leading to mass contractor terminations, heated debate about systemic corruption, and controversy over H1B hiring practices.
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