Ex-CFO of Mercer Island convicted of wire fraud as $35 million crypto bet collapses to nothing
Mercer Island CFO Steals $35 Million in Company Funds A man from Mercer Island was found guilty of four counts of wire fraud after he reportedly embezzled $35 million from his previous employer to finance a cryptocurrency venture, which he ultimately lost. Nevin Shetty, 41, was convicted following a jury trial that lasted nine days, […]
Royal Bank of Canada ex-CFO sues for $36M after she was fired over affair accusations
Royal Bank of Canada’s former chief financial officer, Nadine Ang, has filed a $36 million lawsuit against the bank after she was fired over allegations that she had an affair with and given preferential treatment to another employee, charges she denies. The lawsuit, filed in Ontario Superior Court, alleges that Ang suffered “public humiliation” and […]
Disney Bruised In Board Vote Battle As Pension Fund CalPERS Backs Nelson Peltz & Ex-CFO – Deadline
Aaron P/Bauer Griffin/GC Images/Getty Images A violent boardroom clash between the Mouse House and activist investor Nelson Peltz has turned one of the nation’s largest pension funds into a veritable battleground, about 100 hours before the deadline for all Disney shareholders to vote. fired a cannon. On April 3, the California Public Employees Retirement System […]