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View Full Version : Satyam, PW fined $17.5 mn for fraud - MSN India



FraudNews
04-06-2011, 03:02 PM
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Moneycontrol.com (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH44XSVnBpqsqfn5qpAMP97-f3S1w&url=http://www.moneycontrol.com/news/business/mahindra-satyam-sharesafter-sec-settlement_534430.html)
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Satyam, PW fined $17.5 mn for fraud (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEF3pS7dOAS-aEnVuT0D6eyG1zkhw&url=http://news.in.msn.com/business/article.aspx?cp-documentid%3D5103206)
MSN India
PriceWaterhouse India, who were the auditors of Satyam Computers, have been asked to pay $6 million for "deficient audits" that enabled "a massive accounting fraud to go undetected for several years". Lovelock & Lewes and Price Waterhouse Bangalore are ...
Satyam Settles SEC Fraud Charges (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGG_vojioVFTl3ADkfhpvrmXDn3IQ&url=http://online.wsj.com/article/SB10001424052748704101604576246061256533584.html)W all Street Journal
US sanctions five Indian affiliates of PricewaterhouseCoopers (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFUGeTYr0rtDZf4SJXiyS1rFEx5Ww&url=http://economictimes.indiatimes.com/news/news-by-industry/services/consultancy-/-audit/us-sanctions-five-indian-affiliates-of-pricewaterhousecoopers/articleshow/7884279.cms)Economic Times
$17.5m in fines for Satyam fraud (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG5dg5FOvzq1DVbpg5AfbU7VvvPiA&url=http://www.bbc.co.uk/go/rss/int/news/-/news/business-12981738)BBC News
Reuters (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHB4MK_tFdj2NoU73J8R7cybwsuHw&url=http://www.reuters.com/article/2011/04/06/idUSL3E7F611O20110406) -Moneycontrol.com (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEdAdDld07VGdJ5XmBiQVlMXZ_Jcw&url=http://www.moneycontrol.com/news/business/satyam-pwc-settle-sec-probes-into-fraud_534282.html) -Register (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH8nIU_mxEEUpTAdNRE3ieWjE3T6w&url=http://www.channelregister.co.uk/2011/04/06/pwc_satyam_fraud/)
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