Home Page
An experienced guide to the world of finance
providing tools and information that help make
best financial decisions
My FinanceGates.com Register
 
Home  | News   |  Business News 



Market News Insurance Billing
Banking Business News World News
Funds Brokerage

Monday April 11, 09:08
S.C. Johnson defrauded by trucking companies
(by Brigitta Zulfitzler)

Federal authorities are investigating alleged fraudulent schemes involving forged trucking contracts by transportation director of S.C. Johnson & Son Inc.

The alleged scheme under investigation of the U.S. attorney’s office in Milwaukee and postal inspectors is related to Milton E. Morris, who until last fall served as Johnson’s transportation director and had a deal with nearly $100 million in annual trucking contracts. Federal investigator issued an affidavit in order to support a search warrant alleging that trucking companies with the help of Mr. Morris defrauded S.C. Johnson by about $1 million a month.

Mr. Morris was fired in October after the company conducted an internal investigation early last year. The lawsuit started by the company pointed out "cash, gifts, jewelry, travel, lodging" and "expenses associated with gambling" as having been paid to Mr. Morris by the trucking companies and their executives.

Assistant U.S. Attorney Stephen Ingraham in Milwaukee confirmed the fact that investigation started up, but declined to give any further comments.

The investigators are also on the point of searching the activities of Katie Scheller, Mr. Morris’s deputy.

All business news
Read the related news and articles:
04 Mar 2005 12:02 PM Johnson & Johnson buys Closure Medical to expand on vascular market
 


   KEYWORD SEARCH

KEYWORDS:

   SUBSCRIPTION
Join FinanceGates.com mailing list and get news and financial advices on home finance, auto finance, insurances, funds, online payments and much more.


Copyright © FinanceGates.com - independent financial advice and personal finance advice, an InternetGates.com company, 2003-2008. All rights reserved.
Finance Gates provides personal finance advice on banking, insurance, investing and billing.
Reading materials of this site you can be sure that you get independent financial advice.