NEWS FLASH
BREAKING: U.K. Fraud Watchdog Opens News International Probe | Britain’s Channel 4 News is reporting that the UK’s Serious Fraud Office (SFO), the agency charged with investigating and prosecuting large and complex fraud cases, has begun a preliminary investigation into News International, the parent company of News Corp’s UK newspapers. The probe comes after Labor MP Tom Watson wrote a letter to the SFO, in which he called News Corps alleged payments to police a “gross misuse of shareholders’ money.” This latest revelation in the ongoing scandal comes just hours after former News International executive Rebekah Brooks was arrested in London.
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