Nine vendors face criminal and civil charges for allegedly helping U.S. Foodservice Inc., a subsidiary of Dutch grocer Royal Ahold NV, inflate earnings by more than $800 million.
The U.S. Attorney's Office for the Southern District of New York filed criminal charges against the nine vendors, accusing them of conspiring with executives of Columbia, Md.-based U.S. Foodservice to create false accounting records by signing false audit letters that overstated money owed to the food distributor.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access