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The world's biggest frauds

January 5, 2009

Yashuo Hamanaka

A copper trader of Sumitomo Corporation, Yashuo Hamanaka led to a loss of $2.6 billion on wrong term transactions placement.

Nineteen companies constitute the core group of the Sumitomo Group.

Image: Sumitomo Corporation. | Photograph, courtesy: Sumitomo Corporation

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