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View Full Version : US charges 2 execs of China-based Puda with fraud - Reuters



FraudNews
02-23-2012, 08:06 AM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEBjci_ncxfXNWQ3YfJUm vRcCSz2wamp;url=http://www.bloomberg.com/news/2012-02-22/sec-sues-china-based-executives-over-theft-of-company-assets.htmlimg src=//nt2.ggpht.com/news/tbn/unTFuK-SPHjspM/0.jpg alt= border=1 width=80 height=53 /br /font size=-2Bloomberg/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEzzWIM6UAyfc5M6MwjpB x3HdMV1gamp;url=http://www.reuters.com/article/2012/02/23/us-sec-puda-coal-idUSTRE81L1H620120223bUS charges 2 execs of China-based Puda with bfraud/b/b/abr /font size=-1bfont color=#6f6f6fReuters/font/b/fontbr /font size=-1By Sarah N. Lynch and Aruna Viswanatha (Reuters) - US securities regulators charged two executives of China-based Puda Coal Inc with bfraud/b, saying they led investors to invest in an empty shell company instead of an actual coal business./fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHcSWlJ5krji5uzSwgehG 6tZuRD3gamp;url=http://www.ecnmag.com/News/2012/02/SEC-files-fraud-charges-against-2-Chinese-execs/SEC files bfraud/b charges against 2 Chinese execs/afont size=-1 color=#6f6f6fnobrECNmag.com/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFd72f1kA5v031K8hVwki g-XDt1vQamp;url=http://dealbook.nytimes.com/2012/02/22/s-e-c-charges-chinese-executives-with-fraud/SEC Charges 2 Chinese Executives With bFraud/b/afont size=-1 color=#6f6f6fnobrNew York Times/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dZKzmjN96tfToLMm-WqIEtZwT27IMnobrball 121 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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