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Ex-Mars executive pleads guilty to $28M fraud scheme
BRIDGEPORT, Conn. (AP) — A former executive for a subsidiary of candymaker Mars Inc. pleaded guilty Thursday to fraud and tax charges in connection with his theft of $28 million from the company, federal prosecutors said. Paul Steed, 58, appeared in federal court in Bridgeport, Connecticut. He also agreed to pay $28.4 million in restitution to Mars […]
Mars sits out Super Bowl 2022
Mars Wrigley, the line of confectionary brands owned by McLean-based Mars Inc., will not have ads in this year’s Super Bowl LVI, the first year the candy company has missed since 2010. A spokeswoman confirmed the move, first reported by Ad Age, to Virginia Business in a statement. “Mars Wrigley will not have an ad […]
