Original article by Ruth Liew
The Australian Financial Review – Page: 15 & 21 : 19-Jun-15

US prosecutors will allege that James Shea and Eugene Fallon embezzled Australian-listed QBE Insurance Group of some $US2.6m ($A3.37m). Shea was a vice-president of QBE at the time of the alleged fraud, while Fallon was an external consultant. Shea has been accused of falsifying invoices and forging the signature of the insurer’s CFO. The Commonwealth Bank has also been embroiled in a fraud case.

CORPORATES
QBE INSURANCE GROUP LIMITED – ASX QBE, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, DISTRICT COURT OF NEW YORK, COMPUTER SCIENCES CORPORATION, SERVICMESH CSC, ACE FOUNDATION