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Ex-Goldman Banker Rolled Dice on U.S. Trial at Lawyer’s Urging
Former Goldman Sachs banker Roger Ng was in a squalid prison in Southeast Asia for his role in the multibillion-dollar 1MDB scandal when his New York lawyer gave him a way out. He persuaded Ng to come to the U.S. first for trial, rather than wait for the completion of the case in his native Malaysia. He did, and lived in New York free on bond for almost three years. On Friday, Ng was convicted of conspiring to violate anti-bribery laws and launder money and now faces a prison term as long as three decades. “I told him you’d be far better off in the United States, where we have a real system and a real trial,” ... (full story)