Former Goldman Banker Ng Guilty in 1MDB Trial

Former Goldman Banker Ng Guilty in 1MDB Trial

Assessment

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Business, Social Studies

University

Hard

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Roger Owen, a former Goldman Sachs banker, was found guilty on all three counts in the 1MDB fraud scheme, facing up to 30 years in prison. This case is significant for Goldman Sachs, which has already paid over $5 billion in settlements and made compliance changes. The trial's outcome is closely watched, with potential penalties for Owen including jail time.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Who was the only banker to go to trial in this case?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant changes has Goldman Sachs made in response to the fraud case?

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