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Massive fraud found at eyewear maker EssilorLuxottica’s Thailand factory

EssilorLuxottica manufacturing operations. Image credit: EssilorLuxottica EssilorLuxottica manufacturing operations. Image credit: EssilorLuxottica

 

EssilorLuxottica, the world’s No. 1 maker of lenses and frames, said it has discovered fraudulent financial activities at one of its plants in Thailand that could lead to the group taking a $213 million loss to its bottom line.