Saturday, 21 January 2023

Federal prosecutors are investigating whether Amazon hid injury rates to fraudulently secure loans

Federal prosecutors are investigating whether Amazon hid injury rates to fraudulently secure loans

Prosecutors for the Southern District of New York are investigating whether Amazon "engaged in a fraudulent scheme" to deceive lenders about injury rates at its warehouses in order to obtain credit, the Department of Justice said Wednesday. The investigation was announced on the same day federal workplace safety regulators filed four new citations against Amazon over hazards related to its pace of work, which inspectors found put workers at high risk for back, muscle, and joint injuries.
Read more: https://www.businessinsider.com/investigation-sdny-amazon-hid-injuries-defraud-lenders-2023-1?source=Snapzu

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