Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
China drone giant DJI unearths fraud that could cost it $150mn
short by Shruti Maria Mahendar / on Tuesday, 22 January, 2019
China's DJI has unearthed cases of fraud involving its employees that may trigger losses of nearly $150 million for the world's largest consumer drone maker. An internal investigation found employees had "inflated the cost of parts and materials for certain products for personal financial gain", the company said. DJI has reportedly fired 29 employees in connection with the fraud.
read more at Bloomberg Quint