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Parmalat

 

The Italian dairy goods producer, employing over 35,000 people in 30 countries, had admitted to corrupt accounting practices causing billions of dollars to be misappropriated. It was first revealed when the company admitted that it had forged documents from Bank of America stating that the bank held $5 billion in Parmalat assets. This launched an investigation that has implicated a slew of other firms, including Italian banks, in a scandal that could cost investors tens of billions of dollars.

 

The Scandal

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Investigators dig into Parmalat secrets as predators hover

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Italian banks under spotlight in Parmalat scandal

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Swedish packing firm is linked to Parmalat

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Parmalat family may be ousted as Bondi plans board clear-out

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Parmalat chief used planes to curry favor

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Parmalat collapse puts spotlight on tax havens

 

FOCUS: Banking involvement in market-rigging

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Seven banks probed in Parmalat scandal

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Reports: Parmalat probe widens to financial institutions

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Preventing the next Parmalat

 

FOCUS: Parmalat Founder Calisto Tanzi

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Calisto Tanzi: from food magnate to fraud suspect

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Parmalat boss denies fraud role

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Ex-Parmalat CEO to stay in prison

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Time: Autumn of the patriarch

 

FOCUS: Bank of America's involvement

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BoA's Milan offices searched in Parmalat inquiry

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Parmalat tricked BoA, former employee says

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Former BoA executive denies all allegations of wrongdoing

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BoA says it is cooperating in Parmalat probe