it was in 1984 and it was a telco.
and there have been other examples of the main point I was making which is that wrong doing gets swept under the rug by bureaucracies to avoid embarrassment.
Just a few years ago a department head was putting through PO's for expensive equipment and approving it himself and then selling it on ebay. He got caught, they fired him but did not press charges. Me moved to another company and as I have seen many times, same title.
I have seen numerous examples of this over the years in both big companies and start ups. it happens.