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Digital World Acquisition Corp. (DWAC), founded in 2021, was an American special-purpose acquisition company (SPAC), a shell corporation listed on a stock exchange with the purpose of acquiring (or merging with) a private company, thus making the private company public without going through the initial public offering process, which often carries significant procedural and regulatory burdens.
The Satyam Computer Services scandal was India's largest corporate fraud until 2010. The founder and directors of India -based outsourcing company Satyam Computer Services, falsified the accounts, inflated the share price, and stole large sums from the company. Much of this was invested in property. The swindle was discovered in late 2008 when ...
broadcom .com. Broadcom Corporation was an American fabless semiconductor company that made products for the wireless and broadband communication industry. It was acquired by Avago Technologies for $37 billion in 2016 and currently operates as a wholly owned subsidiary of the merged entity Broadcom Inc.
Website. www.kroll.com. Kroll (formerly Duff & Phelps) is a financial and risk advisory firm established in 1932 and based in New York City. [1] [2] In 2018, Kroll was acquired by Duff & Phelps. [3] In 2021, Duff & Phelps decided to rebrand itself as Kroll, a process it completed in 2022.
Endurance International Group, Inc. Endurance International Group ( EIG ), previously named BizLand, was an IT services company specializing in web hosting. The company was founded in 1997 and headquartered in Burlington, Massachusetts, USA. [1] In 2021 Endurance International Group merged with Web.com forming a new company, Newfold Digital.
The Olympus scandal was a case of accounting fraud exposed in Japan in 2011 at optical equipment manufacturer Olympus. On 14 October, British-born Michael Christopher Woodford was suddenly ousted as chief executive. He had been company president for six months, and two weeks prior had been promoted to chief executive officer, when he exposed ...
As of 30 June 2021, Defence through the Capability Acquisition and Sustainment Group (CASG) was managing 161 major projects and 13 minor acquisition projects, at various phases in the Capability Life Cycle, worth a total of $121.6 billion, with an annual acquisition budget was A$9.3 billion. CASG was also managing 109 sustainment products with ...
2015: 10 years in prison. Combined $12.193 million in fines and restitution. John Angelo Spano Jr. (born May 31, 1964) is an American businessman and admitted fraudster. He is best known for briefly buying control of the New York Islanders franchise of the National Hockey League (NHL) in 1996, before it emerged that he did not have nearly ...