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Supermicro drops 33%: auditor leaves after possible accounting fraud

EY's withdrawal indicates significant concerns over Supermicro's financial management and governance, prompting a special audit.
Supermicro's shares dropped 33% after allegations of accounting manipulation surfaced.

Reports of DoJ investigation crater Supermicro stock

Supermicro is under DOJ investigation for alleged accounting fraud following whistleblower claims of misreported revenues.

Supermicro drops 33%: auditor leaves after possible accounting fraud

EY's withdrawal indicates significant concerns over Supermicro's financial management and governance, prompting a special audit.
Supermicro's shares dropped 33% after allegations of accounting manipulation surfaced.

Reports of DoJ investigation crater Supermicro stock

Supermicro is under DOJ investigation for alleged accounting fraud following whistleblower claims of misreported revenues.
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New AI System Aims to Detect Financial Fraud Across Corporate Networks | PYMNTS.com

A new AI system, FraudGCN, can detect accounting fraud by analyzing financial patterns and corporate relationships, enhancing fraud detection across industries.
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