US Private DEFUNCT 1992

Phar-Mor, Inc.

Discount drugstore chain that kept two sets of financial ledgers and hid hundreds of millions in inventory losses in a bucket account.

CORPORATE IDENTIFIERS & DOSSIER
  • Entity Name: Phar-Mor, Inc.
  • Country of Domicile: US
  • Listing & Ticker: Private (undefined).
  • CIK / LEI Identifier: Unregistered.
  • Industry Classification: SIC General.
  • Enforcement Episodes: 1 primary case dossier(s) in this library.

PRIMARY ENFORCEMENT CASES INVOLVING PHAR-MOR, INC.

1 CASE DOSSIERS
Case Title Status Primary Scheme Overstatement Total Penalties Action Date
Phar-Mor: $500M Phantom Inventory Ledger and Subordinate Bribery Adjudicated phantom inventory $500.0M $0 September 20, 1994