US Federal Bureau of Investigation agents have arrested 48 prominent Wall Street foreign exchange professionals who have allegedly defrauded small retail investors of millions.
Officers swarmed on the Second World Financial Centre late on Tuesday afternoon and led out men in business suits, whisking them away in vans and cars.
..."We were just sitting there working, and they [FBI] just... took out three partners, three vice presidents and one broker all in handcuffs."
article
Now there's a scene I would have liked to witness.
Madison Deane employees that $4 million had been stolen from clients and that money had been taken out of people's Individual Retirement Accounts.
Madison Deane officials are not prepared to comment, but FBI sources said the Wall Street traders would be charged with money laundering and fraud for swindling retail investors out of an undisclosed amount of cash over the past year.
....hey, do what you want....you will anyway.
Friday, November 21, 2003
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