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Reuters: Lehman Brothers hit by fake Marubeni papers

Started by chris, March 29, 2008, 10:01:03 AM

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chris

Lehman Brothers hit by fake Marubeni papers
      


TOKYO (Reuters) - Investment bank Lehman Brothers was defrauded of around $242 million after it and other investors were caught in a scam in Japan, a newspaper reported on Saturday, with Japanese trading house Marubeni confirming some of its staff were involved.
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