A Tesco supermarket. (Reuters)
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Britain's Serious Fraud Office Friday charged three former executives of Tesco with fraud and false accounting in a criminal probe into an accounting scandal at the supermarket giant.Carl Rogberg, Chris Bush and John Scouler – Tesco's former U.K. finance chief, U.K. managing director and food commercial head respectively – were charged with one account of fraud by abuse of position and one count of false accounting.The SFO launched a criminal probe into Tesco in October 2014 after the company revealed it had overstated profits by an amount which has since risen to as much as £326 million ($435 million, 386 million euros).Tesco, which is Britain's biggest retailer, said it will continue to cooperate with the probe.
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