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American International Group, Inc. Message Board

  • skblast skblast Oct 31, 2008 1:11 PM Flag

    UBS plea bargains yet another criminal fraud

    UBS will pay a 500,000 euro fine and have 1 million euros of so-called money made from criminal activity confiscated.

    Two former UBS managers also entered plea-bargain agreements, as did a former Deutsche Bank manager.

    The next court session for the trial is on Nov. 5.

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