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Bank of Tokyo-Mitsubishi Lawyer Found Guilty of Multimillion Dollar Swindle

A UK court found a London-based in-house lawyer guilty Oct. 20 of swindling her employer of ?6.67 million ($10.9 million).

In her role as deputy head of legal in the Bank of Tokyo-Mitsubishi's London office, Kate Johns convinced colleagues to break procedure and approve six- and seven-figure letters of credit. She promised co-workers she would do the necessary paperwork later and told them the emergency requests came from the bank's European head Yoshihobu Onishi.

Associate Editor

Melissa Maleske

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