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Money managers accused of $550 million fraud (Reuters)

Started by riky, February 26, 2009, 02:03:40 AM

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riky

Money managers accused of $550 million fraud
    (Reuters)

 



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.


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