First Brands Executive Brumbergs Detailed Fraud in Guilty Plea
A former First Brands Group executive told a judge last month that he falsified financial statements, inflated invoices and double-pledged collateral to help the auto-parts supply firm get billions of...
By David Voreacos, Jonathan Randles · Bloomberg Markets
A former First Brands Group executive told a judge last month that he falsified financial statements, inflated invoices and double-pledged collateral to help the auto-parts supply firm get billions of dollars in financing before its collapse.