Chinese drone maker uncovers employee fraud

Beijing: A top Chinese drone maker said on Monday that it has fired some of its employees after uncovering fraud cases that could cost the company tens of millions of dollars. DJI, the world’s biggest producer of consumer drones, said in a statement that an internal investigation found employees had “inflated the cost of parts and materials for certain products for personal financial gain”, CNN reported. The incident raises questions about the financial management of one of China’s best-known technology firms, which sells drones worth billions of dollars around the world each year. (IANS)

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