You’ll probably have heard by now that Cisco on Thanksgiving Day fired its former VP of Latin America Carlos Carnevali, following his formal charge by Brazilian authorities of crimes related to tax fraud. The firing is the latest in a running saga involving executives from some companies in Brazil setting up a scheme to avoid taxes and import duties to the benefit of Cisco. Here is a timeline of events starting from the initial police raid and culminating with the firing of Carnevali, who was praised in June by Cisco for growing his region by more than 35%.
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