Mitsubishi Corp Faces Major Financial Blow Amid Suspected Metal Fraud in China
20 days ago
Mitsubishi Corporation, one of Japan's leading trading firms, has recently reported a staggering loss of approximately $90 million due to potential fraudulent activities tied to metal trading in China. This alarming revelation comes as the company grapples with serious allegations regarding the integrity of its metal procurement processes within the region.
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Massive Metal Scam: Trader Allegedly Defrauds Singapore Investors Out of $360 Million
26 days ago
In a shocking turn of events, Singaporean prosecutors have laid charges against a trader accused of orchestrating a staggering $360 million scam within the metals trading sector. This case highlights serious vulnerabilities in the financial industry and raises concerns over regulatory oversight.
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