Accounting fraud

Christo Wiese says the retailer’s overview of a forensic probe into the company’s accounting irregularities supports his claim against the company.

Steinhoff International Holdings NV plans to dig deeper into the accounting misdeeds that brought the retailing giant to its knees as it seeks to get to the bottom of some $7.4 billion in fictitious or improper deals.

Olympus Corp. lost a U.K. lawsuit that tried to block the pension of former head Michael Woodford after he blew the whistle on an alleged $1.7 billion accounting fraud and 13-year cover-up at the firm.

The bakery chain was rescued by an Irish private-equity firm after an accounting scandal pushed the U.K. cake baker into insolvency.

Milan prosecutors say former executives at BT Group were aware its Italian unit hid losses and inflated revenue by producing fictitious invoices.

A new survey finds 10 percent of controllers feel misrepresenting their company's performance is a regular part of their job.

The German online payments firm Wirecard AG has seen its stock plunge by more than a third in recent days on reports of accounting misdeeds.

In his 17 years as chief executive officer of Germany’s Wirecard AG, Markus Braun has gained plenty of experience fighting off skeptics and critics.

The grocer's former chief financial officer was acquitted of fraud charges, drawing into question the prosecutor’s methods.

The Securities and Exchange Commission has imposed a civil penalty on the car rental giant for misstating pretax income.