Iraq Corruption: 50 New Fraud Investigations Involving Americans In $150 Billion Program

May 13, 2010 | Updated May 25, 2011

Investigators looking into corruption involving reconstruction in Iraq say they have opened more than 50 new cases in six months by scrutinizing large cash transactions -- involving banks, land deals, loan payments, casinos and even plastic surgery -- made by some of the Americans involved in the nearly $150 billion program.

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