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Romanian prosecutors detain 33 bankers and officials in $28.5 million suspected banking fraud [1]

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Fox News - AP, 11/02/12

BUCHAREST, Romania –  Prosecutors on Friday detained 33 government officials and bankers on suspicion of money laundering and fraud that cost Romania €22 million ($28.5 million).

The detainees included three Economy Ministry officials, the deputy chairman of the French-owned Romanian Development Bank, and the chairman of a state fund that offers banks guarantees in exchange for business loans.

To read the rest of this story, visit FoxNews.com. [2]

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[1] //soundofheart.org/galacticfreepress/content/romanian-prosecutors-detain-33-bankers-and-officials-285-million-suspected-banking-fraud
[2] http://www.foxnews.com/world/2012/11/02/romanian-prosecutors-detain-33-bankers-and-officials-in-285-million-suspected/