N297UX
Member
Hey gang...
UAL has had a very tight lid put on this topic...
but somehow, through fuzzy math, bad executives, or just flat out stealing, it''s been reported that ULS (United Loyalty Services) has misappropriated over $390 million woth of cash and assets through a review of its books by an outside auditing department.
This kinda comes as a blow to ULS, considering it''s the only profitable division at UAL right now!
Does anyone know if the FBI/SEC/other gvt agencies are involved in the investigation yet???
-n
UAL has had a very tight lid put on this topic...
but somehow, through fuzzy math, bad executives, or just flat out stealing, it''s been reported that ULS (United Loyalty Services) has misappropriated over $390 million woth of cash and assets through a review of its books by an outside auditing department.
This kinda comes as a blow to ULS, considering it''s the only profitable division at UAL right now!
Does anyone know if the FBI/SEC/other gvt agencies are involved in the investigation yet???
-n