Olympus update: $1.67 billion losses hidden, no evidence of organized crime involvement

 

Before announcing the next PhotoRumors giveaway, a quick update on the Olympus saga:

"An investigative panel has found Japan's disgraced Olympus Corp hid up to $1.67 billion in losses from its investors, but is likely to say there is no evidence of involvement by organized crime in the cover-up, a source said Monday."

Via Reuters

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