Lehman hit by fraud involving Marubeni employees
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20080329/2008_03_29t041503_450x307_us_marubeni_fraud.jpg?x=130&y=88&q=85&sig=u5KbAk2CV7aZWufYlsfoaA--" align="left" height="88" width="130" alt="People walk past the Lehman Brothers building near Times Square in New York March 18, 2008. 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. (Chip East/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080329/bs_nm/marubeni_fraud_dc)Reuters - U.S. investment bank Lehman Brothers was
defrauded of some $353.1 million after it was caught in a scam
in Japan, a source familiar with the situation told Reuters on
Saturday, and trading house Marubeni said some of its staff
were involved.</p><br clear="all"/>
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