PlayBuddy
November 22, 2024, 01:46:15 PM

This week's Club Pogo challenges!
Bookworm HD : Spell 85 4-letter words this week! [Download Cheat]
Jigsaw Treasure Hunter HD : Score 600 points this week! [Download Cheat]
Snowbird Solitaire : Win 16 games with more than 3 cards remaining in your stock pile this week! [Download Cheat]

Main Menu

AOL to be charged with fraud

Started by Mayhem,

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

Mayhem

A REPORT FROM Reuters said that the US government will extract $210 million from AOL.
And it will probably have to pay an additional $300 million to the SEC after it bought a chunk of Bertelsmann Europe, the wire said.

Further, the US government is to push a criminal complaint, via the Justice Department, alleging AOL and PurchasePro.com inflated revenues. The feds allege that scheme took place to make its revenues look better than they were.

But the prosecution will be deferred for two years, after AOL agreed to cooperate fully with the United States and help it in its investigations.

---------------

Too funny  O0
Nothing spoils a good story like the arrival of an eyewitness.


Quick Reply

Warning: this topic has not been posted in for at least 120 days.
Unless you're sure you want to reply, please consider starting a new topic.

 Note: this post will not display until it has been approved by a moderator.

Name:
Email:
Verification:
Please leave this box empty:

Shortcuts: ALT+S post or ALT+P preview