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Former executives of bankrupt cocoa company Transmar indicted for fraud

By Jessica McKay

10 August 2017

Former executives of bankrupt cocoa company Transmar indicted for fraud

Chocolate iStock.com/grafvision

Three former executives of bankrupt cocoa trading company Transmar Commodity Group have been charged with defrauding a syndicate of banks, days after a New York bankruptcy court converted the cocoa trader's case into a Chapter 7 liquidation.