Two people have been charged in New York for their part in what authorities believe was an orchestrated scheme to engage in high-risk financial activity – exploiting small and “unsophisticated” financial firms along the way.
The individuals – Gyanendra Asre (53) and Hanan Ofer (67) are suspected of funnelling over $1BN through the institutions they exploited, according to an unsealed indictment – details of which emerged from the US Department of Justice Wednesday.
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