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Thailand court jails Rakesh Saxena for securities fraud in Bangkok Bank of Commerce

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A Thailand court jailed an Indian financier for 10 years on Friday for massive embezzlement that helped bankrupt a Thai bank in the mid-1990s and spark a crisis in the financial sector that spread through Asia in 1997. Rakesh Saxena, 59, was found guilty on five counts of securities fraud between 1992 and 1995, having [...]

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