How to get very rich - lie.
http://www.msnbc.msn.com/id/46317013/ns/business-retail/#.TzMeR4HW5OY
Feb. 8, 2012
SAN FRANCISCO — Diamond Foods Inc. said Wednesday it is replacing its CEO and chief financial officer after an internal investigation found that the company improperly accounted for payments to walnut growers and it needs to restate two years of financial results.
The news sent shares of the San Francisco-based company plummeting more than 43 percent in after-hours trading.
Diamond Foods, which makes Emerald Nuts and Pop Secret popcorn, has been embroiled in a dispute over the payments for several months. The company said that its audit committee found that the payments were booked in the wrong period.
The payments — an estimated $20 million in 2010 and $60 million in 2011 — skewed the company's financial results.
Diamond Foods placed its CEO Michael Mendes and Chief Financial Officer Steven Neil on administrative leave. The company is looking for permanent replacements.
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