U.S. Attorney Investigates Gateway Accounting
Gateway Accounting Scandal. Yet another accounting scandal by a once highflying company has expanded to a criminal probe, this time at personal computer-maker Gateway. The U.S. attorney's office in San Diego, where Gateway is based, is probing Gateway's books primarily related to fiscal year 2000. That year, Gateway did … [Read more...]
U.S. Attorney Probing Xerox Accounting
Xerox Accounting Practices. Xerox Corp. has been under federal criminal investigation since June for accounting practices that already have forced the company to restate $6.4 billion in revenue for the past five years and pay a $10 million fine to settle civil securities-fraud charges, the company says. Sources familiar with the … [Read more...]
