Tesco Under Criminal Investigation

Tesco is under investigation by the Serious Fraud Office for overstating profits by over £250 million. This has led to the suspension of eight senior executives and a significant decline in share value, with investors like Warren Buffett selling shares. New CEO Dave Lewis faces challenges in restoring confidence and managing the company during a critical trading period. Despite the investigation, Tesco aims to maintain transparency and regain consumer trust, emphasizing the importance of focusing on their strengths to avoid further setbacks.

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