I see the Japanese Stock Exchange went into crisis after prosecutors raided a company suspected of providing misleading information about an acquisition.
The Cologne Re fraud, hatched in Dublin’s IFSC, resulted in prosecutors in Australia and America raiding offices and bringing charges against the fraudsters.
It is quite common to read of prosecutors in any number of countries raiding, charging, jailing those who decide to take a gamble on making a quick buck through fraud.
Ansbacher, Dirt, Faldor, Tax evasion, Over charging, Direct and organised theft from accounts, Perjury – just some of the gambles taken by fraudsters in the Irish jurisdiction that have paid off handsomely in recent times.
A prize for anyone who can identify a real prosecutor in the Banana Republic.