Straker suspended after suspected US employee fraud
Auckland translation technology company Straker has been suspended from trading on the Australian Securities Exchange after discovering suspected fraud at its United States subsidiary involving at least US$1.5 million (NZ$2.5m) and possibly more.

Straker requested the voluntary suspension on Tuesday, saying it had identified transactions totalling approximately US$1.5m that it was confident had been misappropriated … ⌘ Read more