Unmanned Aerial Vehicles
Employees Looted Drone Maker DJI in $150M Fraud
World's largest maker of recreational drones promises tighter controls in wake of financial scandal.

Chinese drone maker DJI, the world’s largest maker of recreational small UASs, lost $150 million last year due to a wide-sweeping internal financial fraud in which some employees inflated the cost of parts and materials and diverted the proceeds for personal financial gain, according to the company. In a statement issued this morning, DJI said it “took swift action to address this issue, dismissed a number of employees who violated company policies, and contacted law enforcement officials. We continue to investigate the situation and are cooperating fully with law enforcement’s investigation.”