[Reuters] Former executives, bankers arrested over Olympus fraud

Posted by: UGN Security

[Reuters] Former executives, bankers arrested over Olympus fraud - 02/16/12 09:04 AM

TOKYO (Reuters) - Four months after one of Japan's biggest corporate scandals, police and prosecutors on Thursday arrested seven men, including the former president of Olympus Corp and ex-bankers, over their role in a $1.7 billion accounting fraud at the medical equipment and camera maker.