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The Xerox affair was a Russian political controversy that took place during the second round of the 1996 Russian presidential election. The controversy stems from the June 19 detention of two staffers of President Boris Yeltsin 's reelection campaign outside of the Russian White House . [ 1 ]
In 2005, after a scandal on insurance and mutual funds the year before, AIG was investigated for accounting fraud. The company already lost over $45 billion worth of market capitalization because of the scandal. Investigations also discovered over a $1 billion worth of errors in accounting transactions.
Allaire, Thoman, Romeril, and three other senior Xerox executives paid the SEC $22 million to settle accusations by securities regulators that they participated in a large accounting fraud that allowed the company to overstate its profits by $1.4 billion from 1997 to 2000. As the "Xerox six" were not found guilty of wrongdoing, Xerox said that ...
Timothy A. Clary/AFP/Getty ImagesA Bernie Madoff Halloween mask. Putting together any type of Top 10 list is a dicey business. Once you get past the usual subjects, the criteria for the rest of ...
The fraud was the largest corporate scandal in German history and caused financial damages of about 4.9bn DM (≈€3.3bn). ... David Wittig "looting" scandals; Xerox ...
Xerox was founded in 1906 in Rochester, New York, as the Haloid Photographic Company. [11] It manufactured photographic paper and equipment. In 1938, Chester Carlson, a physicist working independently, invented a process for printing images using an electrically charged photoconductor-coated metal plate [12] and dry powder "toner".
The competitor — an electric truck startup named Nikola — had just been rocked by news of its executive chairman’s resignation following a serious accusation of fraud. The news might be ...
The House Oversight Committee subpoenaed the Department of Homeland Security on Monday following whistleblower allegations about an internal employee group chat discussing "serious concerns" about ...