Legal
Swiss prosecutors probe suspected $800 million misappropriation from Malaysia's 1MDB
Swiss prosecutors are investigating whether the country's banks were used to misappropriate $800 million, 628.8 million pounds belonging to a former subsidiary of Malaysian state investment fund 1MDB. Switzerland's Office of the Attorney General said on Wednesday a Ponzi scheme may have been set up to conceal the alleged fraud,…
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Click here to read the full story: Reuters