PDA

View Full Version : Bank of NY Mellon settles $312 million claim tied to Sentinel fraud - Reuters



FraudNews
07-01-2016, 08:10 AM
Bank of NY Mellon settles $312 million claim tied to Sentinel fraud (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNH_pVvC1K5DPC1bQ1BrKWksf3Babw&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779145105748&ei=bSV2V9C4HIGQ3gHV-ojYCg&url=http://www.reuters.com/article/sentinel-bankofnewyorkmellon-idUSL1N19M2OQ)
Reuters
Bank of New York Mellon Corp has agreed to end eight years of litigation in which it sought unsuccessfully to recoup $312 million it lent a Chicago-area money manager that collapsed in 2007, and whose former chief is now in prison for fraud. According ...

and more » (http://news.google.co.za/news/more?ncl=dzMZa1BWd32xcYM&authuser=0&ned=en_za)





More... (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNH_pVvC1K5DPC1bQ1BrKWksf3Babw&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779145105748&ei=bSV2V9C4HIGQ3gHV-ojYCg&url=http://www.reuters.com/article/sentinel-bankofnewyorkmellon-idUSL1N19M2OQ)