Ex-lighting manager charged in $1.8M fraud targeting QVC

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Friday, September 25, 2015

WEST CHESTER, Pa. -- A man who spent several years as the lighting manager for online and TV shopping network QVC Inc. has been charged with bilking the company for more than $1.8 million.

Defense attorneys for 58-year-old Douglas Rae, of Bethlehem, say they're still reviewing the charges and couldn't comment Friday on the allegations by federal prosecutors in Philadelphia.

They say Rae stole the money from West Chester, Pennsylvania-based QVC by submitting bogus invoices from two lighting companies he controlled between 2006 and 2013. Rae also allegedly funneled other phony invoices to QVC through two other people who are also charged and allegedly shared in the proceeds.

QVC says it takes "reports of unethical or unlawful business conduct on the part of our employees very seriously" and is cooperating with investigators.