GE CEO Larry Culp bought nearly  million worth of the company’s stock after fraud accusation

GE CEO Larry Culp bought nearly $2 million worth of the company’s stock after fraud accusation

US News Rank

Larry Culp, CEO, General Electric
Scott Mlyn | CNBC

General Electric CEO Larry Culp bought nearly $2 million worth of the company’s stock after Madoff whistleblower Harry Markopolos called the company “a bigger fraud than Enron.”
A Thursday evening filing with the SEC revealed that Culp bought 252,200 shares for about $7.93 each. Culp, who took over the struggling industrial conglomerate last…

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