MutualFundWire.com: SSB Exec in Cuffs
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Wednesday, June 05, 2002

SSB Exec in Cuffs


The feds have charged Bernard Jaffe, an executive at Salomon Smith Barney, with fraud. He was arrested in West Palm Beach yesterday, according to an article in The New York Post. Jaffe allegedly "duped" the Bank of New York into extending him a $20 million line of credit. He allegedly did this by using tax returns signed by a dead accountant.


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