Frauds & Scandals

Pravin Gordhan to KPMG: Your apology is NOT accepted. See you in court.

16/9/2017/BizNews.com Ousted South African finance minister Pravin Gordhan has refused to accept KPMG’s apology – and is talking to his lawyers to ensure proper satisfaction is extracted from the Gupta auditors. In a powerful statement released yesterday shortly after KPMG fired eight SA execs including the CEO (see below), Gordhan […]

Sustained Calumny: Aiteo sets the Records Straight

September 15, 2017/Aiteo Group We have become aware of a defamatory publication by an online newspaper, known for publishing stories with spurious details. This publication alleges without any foundation whatsoever, that our Executive Vice Chairman (EVC), Mr Benedict Peters, bought property in England and luxury furnishings for the former Minister […]

US Files Civil Fraud Complaint Against Former Deutsche Bank Head Of Subprime Mortgage Trading

Culled—Proshare September 12, 2017/Mondo Defendant Involved In The Sale Of Over $1 Billion In Deutsche Bank Residential Mortgage-Backed Securities The United States today filed a civil complaint in federal court in Brooklyn, New York, against Paul Mangione, former Deutsche Bank head of subprime trading. In its complaint, the United States […]