Japan watchdog files criminal complaint against Olympus

TOKYO (Reuters) – Japan’s securities watchdog became on Tuesday the latest authority to file a criminal complaint against Olympus Corp, some former executives and outside advisers over the company’s $1.7 billion accounting fraud. The Securities Exchange and Surveillance Commission (SESC) said it had requested criminal charges be filed by public prosecutors against individuals involved in dubious mergers and acquisitions used to hide losses in one of Japan’s biggest corporate scandals. …