Iceland Has Now Sent 26 Corrupt Bankers To Prison
Most of those jailed will serve terms of two to five years, according to a report by Iceland Magazine, which notes that three executives at Landsbankinn and two at Kaup ing, along with one prominent investor, have been prosecuted.
Their crimes include market manipulation, embezzlement, and breach of fiduciary duties. Their market manipulation destroyed the country's economy and to this day Iceland is still having to repay the global loan sharks at the IMF
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