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Senior Avon Executive Leaves Company Amid U.S. Probe Into Alleged Bribery In China

April 26, 2012: 12:56 AM EST
Avon Products Inc. group vice president Kerry Carr resigned her job in connection with the probe by the U.S. Department of Justice and the U.S. Securities and Exchange Commission into possible violations by the company of the Foreign Corrupt Practices Act, which prohibits American companies from bribing foreign government officials. U.S. prosecutors are focusing on a September 2005 internal audit report by the company, which found Avon employees may have been bribing Chinese officials.
JOE PALAZZOLO And EMILY GLAZER, "Another Avon Executive Resigns Amid Bribery Probe", Wall Street Journal, April 26, 2012, © Dow Jones & Company, Inc
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