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Caterpillar shares sink on news of federal probe
Caterpillar, which is based in Peoria in the midwestern state of Illinois, confirmed the presence of agents, but did not disclose the nature of the probe. "Law enforcement is present in various Peoria-area Caterpillar facilities executing a search warrant," a spokeswoman said. Some of the investigators sported jackets with an Internal Revenue Service logo, while others appeared to be from the Federal Deposit Insurance Corporation, the Peoria Journal Star reported.
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Caterpillar shares sink on news of federal probe
Caterpillar, which is based in Peoria in the midwestern state of Illinois, confirmed the presence of agents, but did not disclose the nature of the probe. "Law enforcement is present in various Peoria-area Caterpillar facilities executing a search warrant," a spokeswoman said. Some of the investigators sported jackets with an Internal Revenue Service logo, while others appeared to be from the Federal Deposit Insurance Corporation, the Peoria Journal Star reported.
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