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In the year since a $5 billion accounting fraud scandal erupted at his former company, the Rio de Janeiro native has relocated to Spain while Brazilian investigators continue their probe.
January 23 -
Miguel Gutierrez argues he had nothing to do with the attempt to manipulate the retailer's financial accounts that led to a massive accounting scandal.
September 5 -
Management at the Brazilian retailer told auditor PwC and its audit committee there were no supply-chain financing ops, but gave securities regulators conflicting information.
March 24 -
The Brazilian retailer filed for bankruptcy protection after finding billion-dollar "accounting inconsistencies" that artificially boosted profits and reduced its reported liabilities by half.
By Cristiane Lucchesi and Steven AronsJanuary 25 -
Hours after revealing a scandal, Sergio Rial attempted to explain the accounting gap that pushed him to quit his new job at the helm of Americanas.
January 20


