Former Goldman Sachs banker Tim Leissner was sentenced to two years in prison by a judge in a New York court on Thursday ...

Tim Leissner had pleaded guilty and cooperated with federal prosecutors investigating the looting of billions of dollars from ...

NEW YORK (AP) — A former Goldman Sachs banker was sentenced Thursday to two years in federal prison for his role in a $4.5 ...

The former “star dealmaker” told a Brooklyn court that billions in stolen funds “could have profoundly benefited” Malaysia ...

Former Goldman Sachs (GS) banker Tim Leissner, who pleaded guilty for his role in stealing from Malaysian investment fund ...

Tim Leissner, the former Goldman Sachs banker who played a central role in the infamous 1MDB scandal , was sentenced Thursday ...

Prosecutors sought leniency for Tim Leissner based on his cooperation, which the bank pushed back on, saying the former ...

The two-year prison sentence for a former Goldman Sachs banker in the multi-billion dollar scandal involving Malaysia's sovereign wealth fund 1MDB was too lenient, a Malaysian minister said on Friday.

The Malaysian and US authorities estimated that US$4.5 billion (S$5.8 billion) was stolen from 1MDB in an elaborate scheme that spanned the globe and implicated high-level officials in the fund ...

In addition to helping embezzle billions of dollars in 1MDB funds, Leissner admitted to pocketing $73.4 million diverted from the fund and another $80 million from Jho Low, the fugitive financier ...

A big legal win has just taken place in Singapore. The High Court there has allowed 1Malaysia Development Berhad (1MDB), Malaysia’s troubled former sovereign wealth fund, and its subsidiary Brazen Sky ...

A Singapore court has allowed 1MDB and its subsidiary Brazen Sky Limited to proceed with a US$394 million (RM1.68 billion) ...