13 Years of Fraud at Olympus Corp

(12/18/2011) Olympus, a maker of cameras and medical equipment, spent hundreds of millions of dollars on dubious M&A deals as part of an attempt to hide investment losses from investors for 13 years. On December 14, Tokyo officials learned there was a $1.1 billion dollar dent in the company's balance sheet. (Source: Chang-Ran Kim, Tokyo Reuters) MIHI Advisory Group assists clients worldwide to conduct due diligence, internal and external investigations, and consult on security policies. Call us today to discuss your needs. (813) 579-7422.