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Former Olympus executives plead guilty in fraud trial

2012-09-25 1 Dailymotion

Three former top bosses of Japanese camera and medical equipment maker Olympus have admitted involvement in one of Japan's biggest corporate scandals.

The ex-chairman, executive vice president and auditor face up to 10 years in prison for a 1.3 billion euro accounting fraud used to conceal losses from bad investments made by Olympus in the late-1980s.

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