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Ghosn is accused of failing to report millions in income over five years—and authorities are looking into whether his alleged misdeeds stretch back further. If convicted of the allegations underlying his recent indictment, he could reportedly face 10 years in prison and/or a fine of the equivalent of $88,300. Nissan could be fined $6.2 million.
December 10, 2018 at 04:07 PM
1 minute read
Nissan Motor Co. is having a difficult Monday.
The Japanese carmaker was indicted today along with its ousted chairman, Carlos Ghosn, and former director Greg Kelly. The indictments center on allegations that Ghosn misused company funds and underreported more than $44 million in income during a five-year span. Prosecutors in Japan allege that he had help from Kelly.
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