Former in-house banking lawyer found guilty of million-pound fraud

The former deputy head of legal at Bank of Tokyo-Mitsubishi has been found guilty of a multimillion-pound fraud, a court ruled yesterday (20 October). Former in-house lawyer Kate Johns faces jail for her crimes, with a sentence to be handed out in December. London's Southwark Crown Court ruled that Johns was guilty of having repeatedly conned colleagues into signing off large sums of money for investment. In total, the bank lost £7.4m as a result of the scam.

Former in-house banking lawyer found guilty of million-pound fraud legalweek.com Thu, Oct 22, 2009