Guinness share-trading fraud

Guinness share-trading fraud

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30/06/2015
 
High Quality Content by WIKIPEDIA articles! The Guinness share-trading fraud was a famous British business scandal of the 1980s. It involved an attempt to manipulate the stock market on a massive scale to inflate the price of Guinness shares and thereby assist a ?2.7 billion take-over bid for the Scottish drinks company Distillers. The European Court of Human Rights in Strasbourg later found the trial violated the defendants´ human rights by making use of statements obtained under duress. The scandal was discovered after testimony as part of a plea bargain by the US stock trader Ivan Boesky. Ernest Saunders, Gerald Ronson, Jack Lyons and Anthony Parnes, the so-called "Guinness four", were charged, paid heavy fines and, with the exception of Lyons, who was suffering from ill-health, served prison sentences later reduced on appeal. Данное издание представляет собой компиляцию сведений, находящихся в свободном доступе в среде Интернет в целом, и в информационном сетевом ресурсе...