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Someone Stole $1B from Moldova, 1/8th of its GDP

edited May 2015 in The OT Bullpen
http://www.usatoday.com/story/news/world/2015/05/05/kiev-ukraine-moldova-globalpost/26923909/

"Late last year, about $1 billion disappeared in an apparent banking scandal that's mystified Europe's poorest country.

To put that sum into perspective, it's an eighth of the country's GDP. In United States terms, that portion of the economy would add up to more than $2 trillion.

The money reportedly vanished in a series of murky loans dealt out last November by three major banks — one of them state-owned — to as yet unknown recipients.

Officials wised up to the scheme only earlier this year."

A billion dollars walks away last year and they are still trying to figure it out.
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