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Bail Granted to Ex-Banker Accused in Olympus Fraud

By EmploymentCrossing  |  Dated: 02-06-2013

Ex-banker Chan Ming Fon accused of fraud.  An ex-banker, Chan Ming Fon from Singapore, was accused of helping an Olympus Corp engineer from Japan amounting to $1.7 billion. He was recently granted bail by a US judge with a penalty of $5 million. According to the conditions of the bail, he is to live in New York under constant electronic vigil.

Read the full article here:
Ex-banker accused of helping in Olympus fraud granted bail

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