FLEECED: State Street Agrees to Pay to Resolve Fraud Charges
Posted on 01/23/2017
In a serious blow to market and client confidence, Custodial giant State Street Corporation entered into a deferred prosecution agreement and agreed to pay a US$32.3 million criminal penalty to the U.S. Department of Justice (DOJ) to resolve charges that it engaged in a scheme to defraud a number of the bank’s clients by secretly […]
