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PwC found negligent by US judge over Colonial Bank's $2bn fraud

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Today’s Fraud News from around the world: PwC found negligent by US judge over Colonial Bank's bn fraud: PwC auditors were negligent as they failed to detect over $ 2bn fraud at Alabama's Colonial Bank which led to its collapse in 2009, according to a US federal judge. The Federal Deposit Insurance Corporation (FDIC) incurred […]