ANZ says seeking to uncover metals fraudsters after big losses

Jun 29, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

LONDON/MELBOURNE (Reuters) – Australia and New Zealand Banking Group is seeking to uncover who was behind a metals fraud in Asia that cost it “substantial losses” and led to transfers of $151 million to the United States, according to court papers filed in California.