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Ethics

: Ethisphere Blog - Good. Smart. Business. Profit.

Rude Awakening for Cisco Systems When Over 600 Federal Agents Knocked on the Door

By Ethisphere.com

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brazilflag.gifCisco employees in Brazil got a surprise when over 600 federal police and tax officers, armed with over 90 different subpoenas, stormed Cisco System’s Brazilian operations earlier this week. Their target was any information regarding the company’s alleged tax evasion, dodging an estimated $826 million. The raid was the dramatic climax of a two-year investigation looking into $500 million (more…)

Full post as published by Ethisphere Blog - Good. Smart. Business. Profit. on October 19, 2007 (boomark / email).

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