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Tesco's Profits Hugely Overstated

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mikey4444 | 18:01 Mon 22nd Sep 2014 | News
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http://www.bbc.co.uk/news/business-29306444

Does anyone have any idea what has happened here ? It seem a lot more serious that just getting the decimal point in the wrong place, or a simple arithmetical error.
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I suspect the 'Tesco 4' will walk away with nice little exit payments.
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...at the moment.

Give it time.
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According to the long report in the \Guardian today, it would seem that this business at Tesco may fall into the definition of fraud. They are also in trouble in South Korea :::

http://www.bbc.co.uk/news/business-29328712

More fraud by the looks of it. Who would be a Tesco shareholder today ?

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