News Formal

Former chief financial officer at Desmond's gold firm stole money to invest in crypto and meme stocks

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The former chief financial officer of African Gold Acquisition Corporation, a blank cheque company backed by Dermot Desmond, has pleaded guilty to embezzling millions of dollars from the company

.

In a statement published on Tuesday by the US Attorney for the Southern District of New York, Cooper Morgenthau admitted to one count of wire fraud in connection to “a scheme to embezzle more than $5 million”.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Former Irish Life finance chief David McCarthy dies suddenlyFormer Irish Life finance chief David McCarthy dies suddenly via IrishTimesBiz Just waiting for the antivax conspiracy nuts to say what we all know they will DiedSuddenly_
Source: IrishTimesBiz - 🏆 6. / 77 Read more »