TOKYO — The investigation into corporate malfeasance and fraud at Japan’s troubled optical equipment maker Olympus, took a new turn on Thursday when the Tokyo Prosecutor’s Office (TPO) and the Tokyo ...
TOKYO (Reuters) - Japan's scandal-hit Olympus Corp on Wednesday unveiled three new medical products it hopes will help it out of the crisis left by a huge accounting fraud which erupted last year, ...
NEW YORK (AP) – A former bank vice president pleaded guilty Wednesday to a fraud charge, admitting he helped former Olympus Corp. executives carry out a fraud involving several hundred million dollars ...
These are troubled times at Olympus, Japan’s optical equipment maker, long considered as infallible the Greek Gods themselves in the eyes of the Japanese public and amongst investors. After months of ...
As the financial crisis faded further into the rearview mirror, companies were getting back to business as usual and feeling some of the scrutiny on corporate governance practices recede slightly as ...
The Olympus fraud scandal is one of Japan’s largest corporate crimes, where executives hid over $4.9 billion in losses using complex accounting tricks and inflated acquisitions. Whistleblower Michael ...
TOKYO, Feb 16 (Reuters) - Four months after one of Japan's biggest corporate scandals, police and prosecutors on Thursday arrested seven men, including the former president of Olympus Corp and ...
TOKYO, Sept 25 (Reuters) - Japanese camera and medical equipment maker Olympus Corp and three of its former executives pleaded guilty on Tuesday over charges related to a ${esc.dollar}1.7 billion ...
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