Former Transmar executive sentenced to 3 years prison for fraud
12 Aug Former Transmar executive sentenced to 3 years prison for fraud
Posted at 22:06h
in
News
by KMFSLLP
Former Transmar Commodity Group
Ltd chief executive Peter G. Johnson was sentenced to three
years in prison on Monday after he pleaded guilty to defrauding
banks in order to win a $400 million credit line for the now
bankrupt New Jersey-based cocoa trading company, prosecutors
said.
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