Ex-Credit Suisse Banker Skips Prison for Aiding US Case
A former Credit Suisse Group AG banker who admitted to his role in a $2 billion fraud and money-laundering scheme avoided prison Wednesday after cooperating with the government.
Surjan Singh testified at two US trials in Brooklyn, New York, tied to what became known as the tuna bond scandal for its dubious maritime projects, including a fishing fleet in Mozambique that triggered a financial crisis in the African nation.
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