Australian charged with $6.8m FX fraud
SYDNEY - Australian police have arrested and charged a man for defrauding foreign exchange dealer Korea Exchange Bank in Sydney of A$6.8 million ($4.6 million).
In December, Sydney's City Central Local Area Command Fraud Unit was alerted to the disappearance of millions of dollars from the Korean FX bank, which came to the institution's attention when it conducted an audit in November. On December 19, police arrested a 39-year-old man and charged him with three counts of obtaining money by
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