8 High-Profile Financial Scandals in 5 Months

intro: Here's an alarming statistic: In the past five months, the financial sector has had eight high-profile scandals. The most recent: Standard Chartered Bank which settled with New York regulators on Wednesday for $340 million. The charge: allegedly engaging in illegal transactions with Iranian clients. From worldwide manipulation of interest rates to an admission of fraud written in a suicide note, many of the alleged actions took place years ago but are only now coming to light. The...Full Story
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