NEW YORK, May 10 (UPI) -- U.S. insurance giant American International Group Inc. could lose more executives over multiple investigations into apparent accounting irregularities.
People familiar with the multiple probes at AIG, which already has seen two top managers leave, say it appears knowledge of and participation in dubious accounting adjustments extend beyond two former senior executives, the Wall Street Journal reported Tuesday.
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Such top-level adjustments include shaving reserve levels, moving expenses and revenue between quarters and mislabeling some capital gains as investment income.
AIG's former chief executive and former chief financial officer already have left the company, though neither has been charged with wrongdoing.