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Evening Standard
Evening Standard
Business
Simon Hunt

WANdisco CEO and CFO quit as fraud investigation finds $115 million black hole in finances

WANdisco EA SPORTS David Richards United States

The bosses of beleaguered tech firm WANdisco are to quit the business after an internal investigation into suspected fraud found over $115 million in missing bookings.

Co-founder and CEO David Richards and CFO Erik Miller are to step down from the board with immediate effect, WANdisco said today, as the firm scrambled to find interim execs to replace them.

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