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B2B Financing Firm FreightRover Reportedly Impacted By Celadon Fraud Scam

May 08, 2019
trucking
Freight Firm Celadon Settles Accounting Fraud Claims
B2B Payments // April 29, 2019

Indianapolis-based freight trucking company Celadon Group has agreed to pay its investors $42.2 million after filing false financial statements and lying to auditors. The agreement comes after Celadon admitted to inflating the value of more than 1,000 used trucks, according to the Justice Department. In...