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Thursday, February 16, 2012

Former executives, bankers arrested over Olympus fraud

TOKYO (Reuters) - Japanese police and prosecutors have arrested seven men, including the former president of Olympus Corp and ex-bankers over a $1.7 billion accounting fraud -- one of the country's biggest corporate scandals.

Source: http://feeds.reuters.com/~r/reuters/technologyNews/~3/3btNOxjLgIY/us-olympus-idUSTRE81E22120120216

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