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- Corporate Travel Management embroiled in overcharging scandal potentially worth more than $100 million
Corporate Travel Management embroiled in overcharging scandal potentially worth more than $100 million

One of Australia's leading travel businesses, Corporate Travel Management, has uncovered a UK overcharging and revenue-recognition scandal potentially exceeding $100 million, leaving its shares suspended, customers awaiting refunds, and investors alarmed as the company concedes major restatements and stands down a senior executive while refusing to reveal which clients were affected.