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Patisserie Holdings Plc finance chief Chris Marsh was arrested as U.K. fraud prosecutors opened a probe into an accounting scandal that threatens to shutter the cake baker’s 200-plus stores.
October 12 -
Testifying at the accounting fraud trial of two former executives, the U.K. retailer's chief talked of his genuine shock when he was first shown a report that described howthe company had overstated income by 246 million pounds ($326 million).
October 11 -
Text message recipients were told there was impending, unspecified bad news coming before the accounting scandal unfolded.
October 10 -
U.K. cake baker Patisserie Holdings Plc suspended its chief financial officer after uncovering “significant, and potentially fraudulent, accounting irregularities” and a demand for more than a million pounds in back taxes.
October 10 -
The troubled bed retailer plans to close up to 700 stores.
October 5 -
A legal fight kicks off to recover some of the billions of dollars investors lost after the South African retailer’s financial scandal.
September 26 -
The former head of the scandal-scarred retailer blames fellow executives and auditing firms for his company's near collapse.
September 5 -
The retailer's former chief financial officer pointed the finger at ex-CEO Markus Jooste and auditors including Deloitte for the company’s accounting scandal.
August 29 -
The retailer's former chief, Markus Jooste, has agreed to appear at a hearing next week in South Africa, provided it's not about his company's accounting scandal.
August 28 -
As Noble Group’s troubles mounted, the role of Singapore’s regulators has come under scrutiny.
August 27