A former banker from a major Wall Street firm just had his final appeal rejected. Roger Ng, who was convicted for his role in orchestrating the massive 1MDB scandal, won't be getting out of his sentence. This case involved the theft of billions from a Malaysian sovereign wealth fund—easily ranking among the most staggering financial frauds ever uncovered. His legal team threw everything at overturning the conviction, but federal courts weren't having it. The 1MDB saga continues to stand as a textbook example of institutional corruption at the highest levels.
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RektRecorder
· 4h ago
Eh, this guy is really done for. Even his appeal was rejected. The 1MDB incident is truly outrageous.
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WhaleMinion
· 12-05 15:36
Uh, so, this guy is really gone, and even an appeal is useless.
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NftBankruptcyClub
· 12-05 15:36
Damn, another big shot got taken down, even the appeal was rejected? Honestly, this 1MDB case is a textbook example of money and power trading hands.
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TerraNeverForget
· 12-05 15:36
Oh no, another big shot has fallen. Even having so much money that it burns your hands can't save you.
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FreeRider
· 12-05 15:35
Hundreds of millions of dollars vanished without a trace, and this guy still wants a comeback? Hilarious.
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0xDreamChaser
· 12-05 15:30
Embezzling tens of billions and still wanting to reverse the verdict? Dream on, even Wall Street's white gloves have to go in.
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degenonymous
· 12-05 15:30
Billions just vanished like that; you really can't trust anyone on Wall Street.
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GateUser-00be86fc
· 12-05 15:21
Well, that's it. Another big shot has fallen. These Wall Street guys really know how to play.
A former banker from a major Wall Street firm just had his final appeal rejected. Roger Ng, who was convicted for his role in orchestrating the massive 1MDB scandal, won't be getting out of his sentence. This case involved the theft of billions from a Malaysian sovereign wealth fund—easily ranking among the most staggering financial frauds ever uncovered. His legal team threw everything at overturning the conviction, but federal courts weren't having it. The 1MDB saga continues to stand as a textbook example of institutional corruption at the highest levels.