I'd agree if it was just defrauding investors (assuming they valued the company based on this and had no knowledge of it) or the stores (assuming there were con

I'd agree if it was just defrauding investors (assuming they valued the company based on this and had no knowledge of it) or the stores (assuming there were contracts forbidding it). But they also screwed their employees by paying out the expenses as salary. Personally I'm a bit less forgiving when it comes to employers defrauding employees. The power disparity and all.