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Tasers, subsidy fraud, and Kobe Steel

Katherine O'Hara | October 20, 2017

In case you missed it this week, e-commerce company Stitch Fix filed for an IPO, the Czech candidate for PM is slated to win despite fraud charges, and Japan's corporate compliance takes another hit.

Crime shouldn't pay | Czech citizens are voting for a new PM, and their leading man looks strikingly familiar. Andrej Babis, a media-savvy billionaire promising to run the country like a business, is the populist candidate slated to sweep the election on Monday—despite charges of subsidy fraud. Babis allegedly transferred ownership of some property to a buddy to make sure it was eligible for subsidies that garnered about €2m ($2.29m). After the money came in, he took back ownership and pocketed the cash. Babis...

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