PEOPLE Final Act for the rastogi brothers

Nov 01, 2007 | 10:07 AM |

The curtain has opened on what may be the closing act in a multinational fraud case involving India-born brothers Virendra and Narendra Rastogi, dozens of associates, two wives, a mistress, their defunct metals trading companies and losses in the hundreds of millions of dollars.

In the first weeks of a trial that could last four months, the prosecution laid out its case against Virendra Rastogi, former chief executive of RBG Resources Plc, and three associates in a courthouse in London. All four pleaded not guilty to two counts of conspiracy to defraud.....





Latest Pricing Trends

Poll

What is causing the most weakness to the U.S. metals industry?

Imports
Stagnant non-residential construction demand
Sequestration and government cuts
Global uncertainty, particularly in Europe
Too many suppliers chasing too few orders


View previous results

AMM Events