Thursday, February 24, 2005

Krispy Kreme Announces Criminal Probe

AP - Shares of Krispy Kreme Doughnuts Inc. dropped nearly 7 percent Thursday after the company said it is cooperating with an investigation by federal prosecutors who want to interview current and former executives. [Yahoo! News: Most Emailed]
Sources have it that the probe will begin at the doghnut hole and work it's way around the structure of Krispy Kreme. In the mean time the company will be providing snacks for the officers involved in the investigation. Coffee and milk to be sold seperately.

One officer working the case was quoted as saying, "There's a lot of dough involved here and it could take quite some time to proof."

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