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View Full Version : Alleged Fraud At Caterpillars Chinese Acquisition Puts Spotlight On US Principals - F



FraudNews
01-21-2013, 05:07 AM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGkieDg2WbxRtly_STm_n aGVXjZxAamp;url=http://www.mining.com/chinese-fraud-takes-10-off-caterpillars-2012-earnings-34574/img src=//nt1.ggpht.com/news/tbn/4fqhVoMIREWHYM/0.jpg alt= border=1 width=80 height=67 /br /font size=-2MINING.com/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFmCTFFOqHRvKJGqb4OYx j1za93Iwamp;url=http://www.forbes.com/sites/simonmontlake/2013/01/21/alleged-fraud-at-caterpillars-chinese-acquisition-puts-spotlight-on-u-s-principals/bAlleged bFraud/b At Caterpillar#39;s Chinese Acquisition Puts Spotlight On US Principals/b/abr /font size=-1bfont color=#6f6f6fForbes/font/b/fontbr /font size=-1Investors in Caterpillar got a nasty surprise last Friday when the company revealed that it had uncovered massive bfraud/b at a Chinese mining equipment firm that it bought last year. Caterpillar said it would write down $580 million in the fourth quarter b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGkieDg2WbxRtly_STm_n aGVXjZxAamp;url=http://www.mining.com/chinese-fraud-takes-10-off-caterpillars-2012-earnings-34574/Chinese coal equipment bfraud/b burns almost 10% off Caterpillar#39;s 2012 earnings/afont size=-1 color=#6f6f6fnobrMINING.com/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHzZyaWSWivK1iPQdQduO HrWsj6Pwamp;url=http://www.cnbc.com/id/100392717Caterpillar Writes Off Most of China Deal after bFraud/b/afont size=-1 color=#6f6f6fnobrCNBC.com/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEGKOpUNtjgSPBLBZOWnX DxKPn18gamp;url=http://www.coalguru.com/china_north_america/caterpillar_2012_earnings_hit_by_chinese_coal_equi pment_fraud/6730Caterpillar 2012 earnings hit by Chinese coal equipment bfraud/b/afont size=-1 color=#6f6f6fnobrCoalGuru.com/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=d29WMKMgCLxSwaMTu8zw7VvU5WbVMamp;ned=en_z anobrball 187 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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