PogoCheats Forum

Pogo Cheats => Chit Chat => Topic started by: Mayhem on December 16, 2004, 10:47:40 PM

Title: AOL to be charged with fraud
Post by: Mayhem on December 16, 2004, 10:47:40 PM
A REPORT FROM Reuters said that the US government will extract $210 million from AOL.
And it will probably have to pay an additional $300 million to the SEC after it bought a chunk of Bertelsmann Europe, the wire said.

Further, the US government is to push a criminal complaint, via the Justice Department, alleging AOL and PurchasePro.com inflated revenues. The feds allege that scheme took place to make its revenues look better than they were.

But the prosecution will be deferred for two years, after AOL agreed to cooperate fully with the United States and help it in its investigations.

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Too funny  O0
Title: Re: AOL to be charged with fraud
Post by: maggot_man on December 18, 2004, 09:36:25 AM
thats alot of $$$$