Société Générale Probed Over Role in Ponzi Scheme
The Justice Department has launched a criminal probe against a subsidiary of Société Générale that alleged Ponzi schemer R. Allen Stanford funneled money through, based on suspicions that it ignored some fishy transactions, sources tell the Wall Street Journal . A Société Générale spokesman confirmed that the subsidiary, SG Private Banking,…
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Société Générale Probed Over Role in Ponzi Scheme
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on September 16, 2011. Filed under News, World News.
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