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DJI facing $147 million losses from "extensive" employee fraud

DJI facing $147 million losses from employee fraud

DJI, the world's largest drone maker, has been rocked by internal corruption that could result in losses of 1 billion yuan ($147 million / £113 million). 

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The "extensive" employee fraud was uncovered in an internal probe, though the company did not reveal how many of its 14,000-strong worldwide workforce were involved in the corruption. 

Bloomberg reports that the company has fired multiple workers found to have falsely the costs of parts for personal gain, and legal authorities are now involved.

“We are taking steps to strengthen internal controls and have established new channels for employees to submit confidential and anonymous reports relating to any violations of the company’s workplace conduct policies,” the company said in a statement. 

“We continue to investigate the situation and are cooperating fully with law enforcement’s investigation.”

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James Artaius

The editor of Digital Camera World, James started working in the photographic industry in 2014 as an assistant to Damian McGillicuddy – successor to David Bailey as Principal Photographer for Olympus. In this time he shot for clients as diverse as Aston Martin Racing, Elinchrom and L'Oréal, in addition to shooting campaigns and product testing for Olympus. An Olympus and Canon user, James was previously technique editor on PhotoPlus: The Canon Magazine.