Former Nomura banker jailed over 'massive fraud'

Former Nomura banker jailed over ‘massive fraud’ in London


A former banker at Japanese firm Nomura has been found guilty of what the City of London Police describe as “a massive fraud”.

Matthew Hinds, formerly a vice-president at the bank, and Ganendran Subramaniam, unemployed, plotted to buy three properties in Mayfair, London, using Hinds’ position to supply false documentation of Subramaniam’s income.

The latter made an offer to buy Astrobridge, a shell company, but paid only the deposit on the deal. Hinds then supplied false documents on Nomura

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