Carlos Ghosn rearrested for using Nissan funds to pay for trading losses

Carlos Ghosn, the former CEO and chairman of Nissan, has been rearrested on fresh charges, with Japanese prosecutors accusing him of hiding personal trading losses with funds from the automaker. Prosecutors have informed Japanese news outlets Ghosn has been rearrested on aggravated breach of trust charges. They allege Ghosn transferred ¥1.85 billion ($23 million) in losses he suffered during the 2008 global financial crisis to his employer.

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