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Tag: Cat investigation
Construction Equipment
Cat tax whistleblower could get IRS reward of $600 million
A bombshell report from Bloomberg Businessweek on the inner workings of an alleged tax evasion scheme inside Caterpillar says the man who alerted authorities could walk away with the biggest paycheck of any U.S. whistleblower to date, and paints a not-so-pretty picture for Cat as a federal investigation into the company continues. According to the report, Daniel […]
June 5, 2017
Construction Equipment
Cat CEO: “We were surprised” by federal raid
Caterpillar’s Jim Umpleby has had what is likely the busiest week of his short tenure as chief executive officer. Days after three of his company’s facilities were raided by federal officials as part of a criminal investigation into the company’s tax strategies, Umpleby was in Las Vegas for the company’s corporate press conference at ConExpo-Con/Agg–North America’s largest […]
March 8, 2017
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