Word: nugan
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...stretch of highway came upon a parked Mercedes sedan. Approaching the car, they saw a man slumped over in the driver's seat with a rifle slug in the head, the victim of an apparent suicide. The man, a drug trafficker, arms trader and purveyor of secrets, was Francis Nugan, chairman of Nugan Hand, the widely respected international banking house...
...Nugan and Michael Hand founded the banking house in Sydney, Austrailia. By the time of Nugan's death seven years later, the concern was responsible for more than $1 billion and had opened offices in Hong Kong, the Cayman Islands, the Philippines, Hawaii, Panama, Saudi Arabia and Thailand. Customers included the United States Government, Wing On Bank, and the Bank of Austrlia-New Zealand...
When investigators looked into Nugan Hand's records, however, they discovered just $1 million in assets--and $746,000 of that sum was offset by checking account overdrafts...
...Nugan Hand deceived so many? And more importantly, where had all the money gone...