The Silver Bullet And The Silver Shield RSS Feed – 24hGold Editorials and commentaries

Tesco Dodges a Bullet Customers to Pay £220m for SFO Fraud Fine and Investors Compensation

So Tesco managed to dodge a bullet and avoid a criminal prosecution by agreeing to pay a fine of £129m as part of a Deferred Prosecution Agreement with the Serious Fraud Office for its 2014 false accounting scandal as well as to compensate investors by an estimated £90m (including interest) for those who bought Tesco […]

Tesco Dodges a Bullet – £129m Fine to Avoid SFO Prosecution and £90m Compensation

Britain’s largest retailer, near triple the size of its nearest competitor Sainsbury manages to dodge bullet by being fined £129m as part of a DPA (Deferred Prosecution Agreement) with the SFO (Serious Fraud Office) for its 2014 false accounting scandal. Which means that Tesco avoids a formal prosecution and that the fine+ investor compensation much […]