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View Full Version : Alleged Fraud Undoes 5800% Surge at Unit of 'Most Ethical' Firm - Bloomberg



FraudNews
06-21-2016, 10:34 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNFFTu-KNhPuS46IYGo4o7mwz-FNxA&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=ThhpV6iYOYyP3QG195fwCQ&url=http://www.bloomberg.com/news/articles/2016-06-20/alleged-fraud-undoes-5-800-surge-at-unit-of-most-ethical-firm)


Alleged Fraud Undoes 5800% Surge at Unit of 'Most Ethical' Firm (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNFFTu-KNhPuS46IYGo4o7mwz-FNxA&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=ThhpV6iYOYyP3QG195fwCQ&url=http://www.bloomberg.com/news/articles/2016-06-20/alleged-fraud-undoes-5-800-surge-at-unit-of-most-ethical-firm)
Bloomberg
The Indian unit said it's a victim of a fraud allegedly perpetrated by people acting individually and conspiratorially. Ricoh India's auditors said profits may have been inflated. The episode highlights the wider question of whether India needs to ...

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