History of Guinness share-trading fraud in Timeline
The Guinness share-trading fraud centered on artificially inflating Guinness's share price to facilitate its takeover of Distillers in the 1980s. Key figures, dubbed the "Guinness Four" - Ernest Saunders, Gerald Ronson, Jack Lyons, and Anthony Parnes - were convicted of criminal offenses related to the manipulation. The Serious Fraud Office brought the case based on testimony from Ivan Boesky. Convictions resulted in fines and, for most, prison sentences.
Trending
4 hours ago Severe Temperature Plunge Hits Washington DC Following Record-Breaking Heat
4 hours ago Austin Faces Major Temperature Drop Following Hot and Humid Week
4 hours ago Tommy Paul Prepares For Crucial Quarterfinal Match Against Daniil Medvedev At Shanghai Masters
5 hours ago Julia Grabher Faces Geerlings in Mallorca Tennis Tournament Match
6 hours ago Maja Chwali?ska Faces Maria Sakkari at WTA Wuhan Tournament
6 hours ago Morris Chestnut Shares Details on His Early A Different World Acting Experience
Popular
Ilhan Omar is a prominent American politician currently serving as...
Ken Paxton is an American politician and lawyer serving as...
Michael Joseph Jackson the King of Pop was a highly...
Elon Musk is a visionary entrepreneur and engineer known for...
Jameis Winston is an American football quarterback currently playing for...
Cristiano Ronaldo widely considered one of the greatest footballers captains...