Quickthink

From TechCrunch about a scandal that is just now unfolding in Denmark about IT Factory. Seems that IT Factory front man Stein Bagger was using a different “business model” than people thought.

Overall, sources assess that up to 90 percent of IT Factory’s turnover had been based on non-existing or false contracts.

This entry was posted on Tuesday, December 2nd, 2008 at 4:28 pm and is filed under Law, QuickQuotes, Tech. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.