One fat cat paying the price
Autonomy ex-finance boss sentenced to jailHowever I have to wonder how many have got away with this kind of thing simply by being American and moving in the right circles. I thought inflating a company's worth before putting it on the market was common practice - a typical sales technique.
It's up to the purchaser to check out the real worth before buying. Not if fraudulent statements are made.
Casual talking is one thing, company documents with outright lies are something else.
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