Former Mars Executive Charged with $28 Million Theft

Reported 4 days ago

Paul Steed, a former global price risk manager for Mars Wrigley, has been indicted for stealing over $28 million from the company through fraudulent schemes, including creating fake invoices. Citing his dual citizenship and potential flight risk, the court has ordered his detention as he faces charges of wire fraud and tax evasion. Mars Inc. stated that the actions resulted from one individual's exploitative behavior and reinforced their commitment to ethical practices.

Source: YAHOO

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