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Tag Archives: Fraud

China injected $ 9.7 billion in the aftermath of fraud

Bloomberg News 3. April 2018, 10:41 EDT Updated on 4. April 2018, 1:33 AM EDT China injects 60.8 billion yuan (US $ 9.7 billion) Anbang Insurance Group Co. seeks to stem the fallout after the former company leader was accused to have committed a billion-dollar fraud The move aims to ensure the solvency of Anbang and protect policyholders' interests Regulatory …

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WPP considers Martin Sorrell's possible misuse of assets and allegations of inappropriate behavior

. 3 April 2018 16:13 ET The board of the advertising giant WPP WPP 0.36% PLC checks whether longtime chief executive Martin Sorrell abuses company assets, for persons who are familiar with the matter. In addition, the board also investigates allegations of inappropriate personal behavior by Mr Sorrell, one of the people said. The questions come at a difficult moment …

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