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Goldman Sachs VP arrested for duping colleagues of Rs 38.8 crore

A senior executive Goldman Sachs was detained on fraud and misuse by a Senior Executive of the multinational financial services business. Following a complaint lodged by the authorities on Sunday, the executive – a vice-president, is kept for fraud and criminal violation of confidence. On September 4, Ashwani Jhunjhunwala reportedly paid Rs 38.8 crore out to a private account outside of the company.