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accounting fraud

1 article

Olympus Scandal: How $1.5B in Hidden Losses Rewrote Japan's Corporate Rules
U.S. Equities40d ago
Olympus Scandal: How $1.5B in Hidden Losses Rewrote Japan's Corporate Rules
The 2011 fraud cost Olympus 80 percent of its market value, sent two brokers to prison and produced Japan's largest shareholder derivative judgment at $594 million.