*NEWS*KATUN STAFF FOCUS OF PROBE !

Toner News Forums Latest Industry News *NEWS*KATUN STAFF FOCUS OF PROBE !

Tonernews.com, October 25, 2003. USA
Viewing 1 post (of 1 total)
  • Author
    Posts

  • Anonymous
    Inactive
    Katun Staff Focus of Probe
    Katun Corp. probe said to widen

    The continuing federal investigation of Bloomington- based copier parts manufacturer Katun Corp. has widened to include at least three areas of inquiry, according to a source familiar with the investigation.

    The Areas include possible improper accounting related to customer credits, improper use of airline tickets, and the possibility that Katun employees might have bribed customers to get access to competitors’ Web sites and illegally obtained pricing information.

    Katun spokesman Chris Madel said Friday that he could not comment on the investigation. Assistant U.S. Attorney Hank Shea could not be reached for comment.

    At least 10 different current and former employees and a former director have been notified that they could face federal criminal charges related to the investigation. Federal authorities previously told Katun that the company itself is not a target of the investigation.

    face=Arial More from The Star Tribune, Minneapolis »

Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty, or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action based on the content on our site.