Nissan Motor Co. Chairman Carlos Ghosn, arrested in Japan for alleged financial violations and facing removal from his job, looks set to join the unhappy club of prominent corporate chieftains accused of misusing their highly paid positions for personal gain.
The 64-year-old is accused of underreporting his income and making personal use of company assets, according to a Nissan statement. Ghosn gained near-legendary status in the auto industry by rescuing Nissan from collapse and forging an alliance with Renault SA and Mitsubishi Motors Corp. He didn't respond to calls seeking comment.
As the following examples show, such legal cases rarely end well for the accused executives: