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Reuters: Money managers accused of $550 million fraud

Started by chris, February 26, 2009, 01:59:13 AM

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chris

Money managers accused of $550 million fraud
      
   
      


NEW YORK (Reuters) - Two money managers who oversaw investments for Carnegie Mellon University and other institutions were arrested on Wednesday on charges of running an estimated $550 million, decade-long swindle, the latest in a wave of big financial fraud cases.<div class="feedflare">
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