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.
Jennifer Lawrence attacks mass media again over body image
Paris charity auction staged to save the ancient city of Tyre
scienceScientists find the answer to a question that even puzzled Darwin
A very timely Great Train Robbery and a frantic 24 Hours in A&E among the highlights
arts + entsThe 'Friends' actor on his new role as campaigner on addiction issues
Sun will 'flip upside down' within weeks, says Nasa
Colin Farrell reveals ‘affair’ with Elizabeth Taylor: 'She was my last romantic relationship'
Children evacuated from swimming pool after prosthetic leg mistaken for paedophile
Devyani Khobragade: India-US row escalates over arrest of diplomat in New York
Peter O'Toole: Tales of the late film icon
- 1 America's 'virgin births'? One in 200 mothers 'became pregnant without having sex'
- 2 Sun will 'flip upside down' within weeks, says Nasa
- 3 Christmas comes early: Justin Bieber announces he's 'retiring from music'
- 4 Children evacuated from swimming pool after prosthetic leg mistaken for paedophile
- 5 Status: Wet - Woman walks off a pier while checking Facebook on her phone
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