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CUC (Comp-U-Card) International Inc. was a membership-based consumer services conglomerate with travel, shopping, auto, dining, home improvement and financial services offered to more than 60 million customers worldwide based in Stamford, Connecticut, US, and founded in 1973 by Kirk Shelton and Walter Forbes.
As a leading provider of membership-based discount services, CUC International Inc. is dedicated to delivering the highest value at low prices to its nearly 34 million members throughout the world....
Jun 16, 2000 · WERE the books ever honest at CUC International? The biggest accounting fraud ever -- one that cost investors $19 billion and involved more than $500 million in phony profits over just three...
Nov 29, 2016 · The unethical company was CUC International (CUC) and the ethical company was Hospitality Franchise Services (HFS). Although both companies were highly acquisitive before their 1997 merger, CUC used deceptive accounting practices to inflate its reported earnings.
Dec 17, 1997 · CUC International settled allegations that its proposed acquisition of HFS, Inc. would create a virtual monopoly in the worldwide market for full-service timeshare exchange services. CUC operates more than 20 membership-based consumer services companies, while HFS subsidiary, Resort Conduminiums International, is the world's largest provider of ...
cxLoyalty has been a leading provider of loyalty and travel solutions for over 40 years. Our loyalty strategy, partners, technology, and service will help you build rewarding relationships.
Jun 15, 2000 · Three former executives of CUC International pleaded guilty today to federal charges in what the authorities said was the largest and longest accounting fraud in history, continuing at least 12...
