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MacroGlide on Instagram: "Olympus Corporation, a major Japanese optics and medical equipment company, became embroiled in one of Japan’s biggest corporate fraud scandals in 2011. The scandal erupted when then-CEO Michael Woodford, a British executive, uncovered that Olympus had concealed over $1.7 billion in investment losses dating back to the 1990s. Instead of writing off the losses, Olympus had used M&A deals and exorbitant advisory fees to hide them through offshore entities and inflated acq
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