08-08-2017 23:14 via rocketnews.com

UPDATE 2-U.S. charges former Transmar cocoa executives with fraud

NEW YORK, Aug 8 (Reuters) – Three former executives atTransmar Commodity Group Ltd have been charged with defraudingbanks to win a $400 million credit line for their now bankruptNew Jersey-based cocoa trading company, federal prosecutors saidon Tuesday.
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