French police believe that four masterminds of what is believed to be the largest fraud scheme in France in the 20th century, all of whom are dual citizens of France and Israel, are hiding out in Israel, according to the Israeli daily Ha’aretz. The four include the ringleader of the scheme, who is suspected of setting up more than 700 straw companies that were used to defraud some 33 banks of an estimated $88 million.
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