Centennial Technologies Inc
Scam

Emanuel Pinez, the boss of Centennial Systems, and his administration documented the organization created $2 trillion in income from Computer storage cards - the organization really was shipping fruit baskets to clients. However the workers subsequently produced phony files to look as if these were documenting revenue. Centennialis inventory rose 451PERCENT to $55.50 per-share about the New York Stock Market (NYSE). Based on the Investments and Exchange Commission (SEC), between April 1994 and December 1996, Centennial embellished its profits by about $40-million.incredibly, the organization claimed earnings of $12 million when it surely dropped about $28 thousand! The share stepped to significantly less than $3. More than 20,000 traders dropped the majority of their expense in a business which was once regarded a Wall Street favorite.

Company: Centennial Technologies Inc
Country: USA

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