UK's financial watchdog to probe M&C Saatchi after accounting scandal

(Reuters) - M&C Saatchi Plc said on Friday Britain's financial watchdog had started an investigation after the advertising agency revealed an accounting scandal last year.The investigation also followed the completion of an independent forensic review commissioned by M&C's board, the company said.An accounting review started in August had found several units of the company's UK business overstating income and receivables and M&C had said it would restructure its UK operations.Since then, M&C..