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Apple supplier Japan Display says exec embezzled $5.25mn

Revelation comes as cash-strapped JDI scrambles for bailout from iPhone maker

The latest crisis at Japan Display is an alleged embezzlement scheme in which an accountant funneled millions of dollars to a fictitious company.
| Japan

TOKYO (Reuters) -- Japan Display Inc on Thursday said it dismissed an accounting executive last year for embezzling about $5.3 million over four years since the Apple supplier went public in 2014.

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