Printed from BusinessInsurance.com

Libra Group says ex-employee stole nearly $600 million

Posted On: Jul. 21, 2020 8:16 AM CST

Fraud

U.S.-based conglomerate The Libra Group Inc. has accused a former employee of stealing nearly €500 million ($572 million) in Greece, Greek Reporter reported. The company said that the accused tricked the group by holding a personal financial interest in companies that Libra understood to be wholly independent.

Read more.