Thursday, February 14, 2019

Christian publishing company owned by News Corp found guilty of significant fraud and destroying evidence

HarperCollins Christian Publishing company displays its mission front and center on its website. “We inspire the world by meeting the needs of people with content that promotes Biblical principles and honors Jesus Christ,” the site proudly displays. But it seems the company’s “Biblical principles” didn’t prevent a hefty swindle.

The company was successfully sued by ePAC Technologies, whose CEO invented a way to quickly print and bind books.According to court documents, HarperCollins Christian attempted to buy ePAC, except it was all allegedly a ruse that lasted for years with no final acquisition.

A jury in the United States District Court for the Middle District of Tennessee ultimately found in favor of ePAC. “The jury awarded EPAC Technologies, Inc., a leading high-technology manufacturer and printer, $12 million in punitive damages on top of more than $3 million in compensatory damages for fraud and breach of contract,” the release says.

Christian publishing company owned by News Corp found guilty of significant fraud and destroying evidence

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