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Navy Shipbuilder Execs Charged With Accounting, Wire Fraud

By Gina Kim (March 31, 2023, 8:28 PM EDT) -- Federal authorities charged three Alabama men Thursday in an accounting fraud scheme they carried out while working for the U.S. unit of an Australian-based ship building company that constructs vessels for the U.S. Navy, with prosecutors alleging they falsely overstated the company's reported earnings in its public financial statements....

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