Defrauded, the BCN says it did not lack vigilance

Why did the Banque cantonale neuchâteloise take years to realize that it was the victim of a scam? The question arises following the establishment confirmed on Wednesday that it had filed a complaint once morest a former executive. Between 2013 and his dismissal last year, the man, identified by ArcInfo as being then treasurer of the BCN, would have committed fraud for an amount estimated at around 10 million francs. A dozen of his relatives would have benefited from his actions.