Pleas Postponed Again In Libyan Investment Fraud Case
Law360, London (September 30, 2019, 4:16 PM BST) -- A plea hearing for the former chief executive of FM Capital Partners and two other bankers accused of fraudulently racking up fees while managing a Libyan sovereign wealth fund was postponed on Monday.
Judge Sally Cahill, sitting at Southwark Crown Court, adjourned a scheduled plea hearing for former FM Capital boss Frederic Marino, his one-time colleague Aurelien Bessot and Yoshiki Ohmura, a former banker with Julius Baer Group AG, until Nov. 18 . All three face charges of fraudulent trading, conspiracy to commit fraud by abuse of position and conspiracy to transfer criminal property, according to the indictment.
The delay will...
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