What Happened: Alex Beard, a billionaire and former head of oil at Glencore ADR (OTC:GLNCY), has been charged with corruption by the UK’s Serious Fraud Office (SFO), alongside four other former ...

A former high-flying Glencore executive appeared in court yesterday accused of bribery. Billionaire Alex Beard, 57, who was head of oil at the Swiss commodities giant for more than a decade ...