staggering

Auditors in Iraq uncover staggering $2.5 billion tax fraud

Auditors in Iraq uncover staggering $2.5 billion tax fraud

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BAGHDAD (AP) — Iraqi auditors have uncovered a massive scheme in which a network of companies and officials embezzled some $2.5 billion from the country’s tax administration, despite layers of safeguards. The scandal is a first test for Iraq’s new government, which was formed late last month after a protracted political crisis. Prime Minister Mohammed …

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FTX's bankruptcy filings show that the situation is much worse than previously thought. From a million creditors to a staggering lack of oversight, here are the craziest details.

FTX’s bankruptcy filings show that the situation is much worse than previously thought. From a million creditors to a staggering lack of oversight, here are the craziest details.

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The fall of crypto exchange FTX led to a bankruptcy filing full of crazy details. Documents filed in court this week reveal much deeper issues than anyone would have thought. From billion-dollar loans to metaverse accountants, these are the craziest details of FTX’s bankruptcy filing. Loading Something is loading. Thank you for your registration! Access …

FTX’s bankruptcy filings show that the situation is much worse than previously thought. From a million creditors to a staggering lack of oversight, here are the craziest details. Read More »