The news earlier this week that prestigious law firm Pels Rijcken, which represents the state in legal matters in its role of state advocate, was the victim of large-scale fraud by former managing-partner Frank Oranje, has left confusion and shock in its wake, the Financieele Dagblad reports. Frank Oranje, who committed suicide last November, embezzled millions of euros from clients over a period of 10 years by transferring money to accounts outside the firm ‘in a cunning way whereby false documents were made to look legitimate’, the firm said in a statement. The first signs of fraud were detected by ...
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