Article: Another Wirecard? Invoices Backing Greensill-Issued Bonds Never Existed, Administrator Finds

Article - Academic, Publications

Another Wirecard? Invoices Backing Greensill-Issued Bonds Never Existed, Administrator Finds

TYLER DURDEN, 02 April 2021

As the collapse of Greensill Capital threatens to ensnare former PM David Cameron in a humiliating public probe, the Financial Times on Thursday reported some disturbing new details that appear to suggest Greensill wasn’t merely reckless, but potentially guilty of a Wirecard-style fraud.

According to the FT, Greensil’s administrator – who is responsible for winding down whatever assets remain and managing creditors’ claims -“has failed to verify invoices underpinning loans to Sanjeev Gupta, after companies listed on the documents denied that they had ever done business with the metals magnate.”

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Article: SAC Capital indicted in 6-year US insider trading probe

Article - Media, Publications

SAC Capital indicted in 6-year US insider trading probe

Patricia Hurtado, 25 July 2013

SAC was indicted on 4 counts of securities fraud, 1 count of wire fraud in an indictment unsealed in Manhattan federal court. Manhattan: SAC Capital Advisors LP, the $14 billion hedge fund founded by Steven A. Cohen, was indicted by a US grand jury as part of the government’s six-year crackdown on insider trading on Wall Street. Continue reading “Article: SAC Capital indicted in 6-year US insider trading probe”

Article: NY Insider trading: Bharara is after Steven Cohen, not Mathew Martoma

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NY Insider trading: Bharara is after Steven Cohen, not Mathew Martoma

SUttara Choudhury, 28 November 2012

Manhattan US Attorney Preet Bharara, who has won guilty convictions against high-profile Galleon Group billionaire Raj Rajaratnam and former Goldman Sachs director Rajat Gupta, is not resting on his laurels.

Since the crackdown on insider trading began five years ago on Wall Street, there have been more than 70 arrests. Manhattan US Attorney Preet Bharara, who has won guilty convictions against high-profile Galleon Group billionaire Raj Rajaratnam and former Goldman Sachs director Rajat Gupta, is not resting on his laurels. Continue reading “Article: NY Insider trading: Bharara is after Steven Cohen, not Mathew Martoma”

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