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Reuters: Marubeni employees' scam hit Lehman, others: sources

Started by chris, March 30, 2008, 06:01:03 AM

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chris

Marubeni employees' scam hit Lehman, others: sources
      


TOKYO/NEW YORK (Reuters) - Employees at Japanese trading house Marubeni perpetrated an elaborate con that fleeced Lehman Brothers of more than $355 million, the U.S. investment bank believes, and may have tripped up other financial institutions, according to a person briefed in the matter.
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