Jon Corzine to face fraud charges
Nikhil Kumar is The Independent's New York correspondent. He was formerly assistant editor on the foreign desk and has also done a variety of jobs on the city desk, where he wrote about markets, commodities and other business and economics topics.
Friday 28 June 2013
A regulator in the US has filed civil charges against Jon Corzine, the former New Jersey governor and ex-chief executive of the collapsed MF Global brokerage, in connection with the alleged misuse of customer funds.
The Commodity Futures Trading Commission (CFTC) also filed charges against Edith O'Brien, the former assistant treasurer of MF Global. Charges against MF Global have been settled after it agreed to a deal under which it will pay a $100m penalty, and pay back all the funds it still owes customers. The deal still needs to be approved by a court.
New essay by JK Rowling went live on Pottermore site on Friday
Top Gear presenter is no stranger to foot-in-mouth controversy
New UK station Russia Today gives a very bizarre view of Britain
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- 2 Topshop at centre of row over body image as 'shocking' skinny mannequin photo goes viral
- 3 Top Gear presenter Jeremy Clarkson criticised for beer tweet
- 4 Woman blinded as a child can see again after hitting her head on a coffee table
- 5 The bubble bursts for Sodastream
Pope Francis declares evolution and Big Bang theory are real and God is not 'a magician with a magic wand'
Huge surge in Ukip support after EU funding row, according to new poll
Ukip ‘exploiting grooming scandal’ to secure party’s first police chief
Nigel Farage: 'There’s nothing wrong with white people blacking up'
Maureen Lipman says 'she can't vote Labour while Ed Miliband is leader'
Muslims, immigration and teenage pregnancy: British people are ignorant about almost everything
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