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



FraudNews
07-01-2016, 11:43 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=AFQjCNGv7VOWuVOQiqKiLJD95-jClJg5cA&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779145105748&ei=W1d2V6jOJ4rRpwf3442gBg&url=http://www.reuters.com/article/us-sentinel-bankofnewyorkmellon-idUSKCN0ZG3AE)
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 ...

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