Showing posts with label Startups. Show all posts
Showing posts with label Startups. Show all posts

Sunday, December 29, 2024

Internal transactions at food giant ADM spark a sprawling criminal probe

API Publisher

ADM’s rattled shareholders are asking questions about the mounting accounting troubles – and they aren’t the only ones.

Building upon a criminal investigation first reported by Reuters in February, federal prosecutors in recent months have expanded their inquiries into whether ADM or its employees committed crimes including securities fraud and conspiracy, according to subpoenas reviewed by Reuters and people familiar with the probe.

The sprawling scope of the investigation, underway at the U.S. Attorney’s Office for the Southern District of New York, hasn’t previously been reported.

Article Tags

Topics of Interest: Human Interest

Type: Reuters Best

Sectors: Business & Finance

Regions: Americas

Win Types: Impact (Long Term)

Story Types: Special Report / Insight

Customer Impact: Significant National Story

https://aiearth.us/startups/internal-transactions-at-food-giant-adm-spark-a-sprawling-criminal-probe/