Cisco Latin America execs arrested

The Brazil offices of Cisco Systems were raided this week by local police, who have alleged an $830 million tax evasion ring that supposedly involves several companies, one of which is a Cisco reseller in the region. Most recently, it's been reported that two top executives for Cisco's Latin America operation have been arrested in connection with these allegations, and that cash, Cisco networking equipments and other assets were seized.

For more:
- here's a blog posting at Network World, with a link to a Network World news story

Suggested Articles

Google is spending $1.1 billion to bulk up its data center footprint in the Netherlands.

Colt Technology Services and the Global Leaders Forum announced Monday that they are preparing the launch of a blockchain-enabled settlement platform.

Using its Cloud Connect Dynamic Connections platform, CenturyLink is turning up cloud connections for enterprises in Microsoft Azure,