US Congressional Hearing on Al Sanea and Money Laundering
The largest global frauds and money laundering schemes in the world. In this case, a Saudi Arabia-based company, AHAB, is accusing Maan Al Sanea, once the 62nd richest person in the world of creating a $9.2 billion Ponzi scheme that defrauded them and over 100 banks. See the cleaned entry of wikipedia
and compares to
and this blog fore some more public available details
and this good summary
No additional comments from us. Insiders knows about it.