Fraud Found at Dell?

An “internal audit committee” at Dell Inc has found evidence of accounting errors and misconduct. The committee has been investigating accounting and financial reporting issues, which included examining historical earnings statements.

A press release issued by Dell said the committee “…identified a number of accounting errors, evidence of misconduct, and deficiencies in the financial control environment.”

Dell also announced that it would not file its annual 10-K with the Securities and Exchange Commission on time.

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