Latest news and articles about financial cases from NEX English
O.K. Lim, the founder of Hin Leong, has been arrested following his hospital treatment for confusion and breathing difficulties. This comes after he was sentenced to 13.5 years in prison for financial fraud and bankruptcy.
The court has issued strict sentences against those accused of defrauding citizens through the FBC platform, revealing new details about a case that has sparked widespread controversy. Several defendants received long prison terms, highlighting the authorities' seriousness in combating fraud.
Bank of America has reached a settlement of <strong>$72.5 million</strong> in a lawsuit accusing it of facilitating sex trafficking by convicted Jeffrey Epstein. While the bank denies any wrongdoing, it stated that the settlement would provide closure for the victims.
French artist Gims, known for his musical works, has been arrested in connection with a massive international money laundering investigation. He was detained at the judicial customs offices last Wednesday.