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SuburbanFarmer
- Posts: 25278
- Joined: Wed Nov 30, 2016 6:50 am
- Location: Ohio
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by SuburbanFarmer » Thu Mar 02, 2017 11:36 am
http://www.chicagotribune.com/business/ ... story.html
Federal law enforcement officials executed a search warrant Thursday morning at Caterpillar's corporate headquarters in downtown Peoria.
"Caterpillar is cooperating," company spokeswoman Corrie Heck Scott said in an email. She declined to comment further.
Law enforcement officials were active in other Caterpillar facilities in the Peoria area, including East Peoria and Morton, said Sharon Paul, a spokeswoman for the U.S. attorney's office for the Central District of Illinois.
Agencies present included the Internal Revenue Service's Criminal Investigation Division, the Office of Export Enforcement at the U.S. Department of Commerce's Bureau of Industry and Security, and the Federal Deposit Insurance Corp.'s Office of Inspector General, Paul said.
https://www.bloomberg.com/news/articles ... ies-raided
Stock is down 4% in the last hour or two. Looks like an interesting morning...
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TheReal_ND
- Posts: 26035
- Joined: Wed Nov 30, 2016 6:23 pm
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by TheReal_ND » Thu Mar 02, 2017 11:37 am
Where in the equipment do you think they hide the narcotics?
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apeman
- Posts: 1566
- Joined: Wed Nov 30, 2016 9:33 am
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by apeman » Thu Mar 02, 2017 11:41 am
Likely about CAT's shady tax deals they've been pulling.
CAT has suffered like 40 consecutive months of declining sales, and they have been keeping the stock afloat with some creative tax and accounting gimmicks. . . .
. . . . like a lot of other corps.
By the end of next week CAT will be up, it is now illegal for stocks to drop on bad news
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Speaker to Animals
- Posts: 38685
- Joined: Wed Nov 30, 2016 5:59 pm
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by Speaker to Animals » Thu Mar 02, 2017 11:47 am
They must have been talking to some Russians at the theater.
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Xenophon
- Posts: 2713
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by Xenophon » Thu Mar 02, 2017 11:48 am
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The Conservative
- Posts: 14790
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by The Conservative » Thu Mar 02, 2017 12:02 pm
TheReal_ND wrote:Where in the equipment do you think they hide the narcotics?
Fuel tank, since they aren't being used for much else right now.
#NotOneRedCent
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Speaker to Animals
- Posts: 38685
- Joined: Wed Nov 30, 2016 5:59 pm
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by Speaker to Animals » Thu Mar 02, 2017 12:29 pm
The Conservative wrote:TheReal_ND wrote:Where in the equipment do you think they hide the narcotics?
Fuel tank, since they aren't being used for much else right now.
Obvious cache is obvious.
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The Conservative
- Posts: 14790
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by The Conservative » Thu Mar 02, 2017 1:01 pm
Speaker to Animals wrote:The Conservative wrote:TheReal_ND wrote:Where in the equipment do you think they hide the narcotics?
Fuel tank, since they aren't being used for much else right now.
Obvious cache is obvious.
I mean we can also check the tires... the high-end equipment don't use air in their tires, it's solid. We could look there for it as well.
#NotOneRedCent
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Speaker to Animals
- Posts: 38685
- Joined: Wed Nov 30, 2016 5:59 pm
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by Speaker to Animals » Thu Mar 02, 2017 1:08 pm
Looks like tax fraud or evasion.
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The Conservative
- Posts: 14790
- Joined: Wed Nov 30, 2016 9:43 am
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by The Conservative » Thu Mar 02, 2017 1:54 pm
Speaker to Animals wrote:Looks like tax fraud or evasion.
Pfft, that's nothing new... they have been on that radar for a while.
#NotOneRedCent