Daily Photography Industry News
Prosecutors investigating the $1.7 billion fraud case against Olympus raided the company’s offices in Tokyo, searching for violations of the Financial Instruments and Exchange Act, reports Bloomberg.
Last month the camera maker admitted to an accounting fraud that hid investment losses.
Our previous coverage is linked below; Bloomberg’s full report this week is here.
About Paul WorthingtonPaul Worthington is consumer imaging senior analyst for 6Sight, the Future of Imaging executive conference. He produces the bi-monthly 6Sight magazine, and the companion weekly 6Sight Report.
Wondering what The Big Photo Show was really like? Here’s your chance to find out. I had the very fun opportunity to interview a handful of the exhibitors at the show, and we have just posted a video of those interviews on Youtube. Taped during the event, held May 4-5 at the Los Angeles Convention [...]
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