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Iceland jails four 'banksters' in (financial fraud) case 12/13/13

  • Uploaded 11 years ago in the category News and Politics

    PROVIDED BY CNNNEXT.COM

    Four former bank bosses in Iceland have been jailed for financial fraud.

    They were accused of hiding the fact a Qatari inv

    ...

    PROVIDED BY CNNNEXT.COM

    Four former bank bosses in Iceland have been jailed for financial fraud.

    They were accused of hiding the fact a Qatari investor bought into the firm, with money lent illegally by the bank itself.

    It went bust in 2008, helping to cripple Iceland's economy.

  • # financial fraud
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