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News/Compliance & Enforcement/That’s No Shortcut, It’s Accounting Fraud
News·Compliance & Enforcement Brief

That’s No Shortcut, It’s Accounting Fraud

Fiat Chrysler recently paid a $40 million penalty to the SEC for a scheme in which it kept some vehicle sales unreported – in what employees called a "cookie jar" – to use in months when they wanted sales to appear better than they were.

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