Avon Products Suspends Four Executives On Alleged Bribery: WSJ News Wireupdated Apr 13, 2010TweetAt GET.com we maintain complete editorial integrity on our content & provide transparent & unbiased information. Companies don't pay us to include their products although we receive a compensation when you successfully apply to products from our partners. See how we make money here.At GET.com we maintain complete editorial integrity. (RTTNews) - New York-based beauty products firm Avon Products, Inc. (AVP) has suspended four executives as part of the company's internal investigation into alleged bribery that began with its China operation, the Wall Street Journal said Tuesday citing a person familiar with the probe. The investigation reportedly includes the alleged purchase of trips to France, New York, Canada and Hawaii for Chinese government officials with ties to Avon's business. As per the report, the company has suspended the China unit's President S.K. Kao, Chief Financial Officer Jimmy Beh, and head of the corporate affairs and government relations group C.Q. Sun. The fourth person was reportedly Ian Rossetter, a senior executive in New York and the company's former head of internal audit. The report also said that Rossetter began a special assignment in mid-2009, reporting to Avon Chief Financial Officer Charles Cramb.Further, the WSJ said that the suspensions in China took place last week while Rossetter was suspended on Monday. Citing an Avon spokeswoman, the newspaper stated that four employees had been asked to take administrative leaves of absence pending the outcome of the company's investigation. The report also stated that the scope of the probe currently involves a dozen or more countries including Latin America, with an increase in the scale of the alleged bribery, which initially involved several million dollars.AVP closed Monday's trading at $34.76, up $0.43, on a volume of 2.49 million shares.For comments and feedback: contact firstname.lastname@example.org Copyright(c) 2010 RTTNews.com, Inc. All Rights ReservedEditorial Disclosure: Any personal views and opinions expressed by the author in this article are the author's own and do not necessarily reflect the viewpoint of GET.com. The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author's alone, not those of the companies mentioned, and have not been reviewed, approved or otherwise endorsed by any of these entities.