Mr Lee Posted December 18, 2009 Posted December 18, 2009 I have to wonder just how many more of these scandals are out there as the 134 th US bank fails The 40-year-old Castle Hill accountant allegedly defrauded financial institution ING out of more than $45 million as she sat at her desk in their Sydney office, siphoning funds into her private accounts to fund a lavish shopping habit over five years.Amazingly, nobody - not ING, nor her husband - had the faintest clue about what she was allegedly up to.The extraordinary story behind the allegedly record-breaking fraud was revealed in Central Local Court yesterday, where Subramaniam made an unsuccessful application for bail.Even her own barrister Tim Game SC described the case as "an extraordinary one".A senior accountant at ING Australia Holdings' Sydney office, where she had worked for 20 years, Subramaniam began the alleged offending behaviour gradually, the court heard.Link to the whole story Link to comment Share on other sites More sharing options...
Mik Posted December 19, 2009 Posted December 19, 2009 What about Bernanke and Geitner and their banker friends looting the US Treasury?. Link to comment Share on other sites More sharing options...
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