Posted On: 12/21/2012 2:26:43 AM
Post# of 28526
SINGAPORE/NEW YORK (Reuters) - A former Singapore banker was arrested in Los Angeles on Thursday and accused of helping "liquidate" hundreds of millions of dollars in an accounting fraud at Olympus Corp , one of the biggest corporate scandals in Japan's history. Chan Ming Fon, a one-time bank vice president, is the latest former executive and the first from outside of Japan to become ensnared in the $1.7 billion accounting cover-up at the camera and medical equipment maker. ...
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