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Ex-Occupation Official Embezzled Iraq Funds

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From Times Wire Reports

A former U.S. occupation official in Iraq pleaded guilty, as expected, to conspiring to steal more than $2 million and rigging bids on $8.6 million in reconstruction contracts.

Robert J. Stein, 50, of Fayetteville, N.C., admitted that he and his co-conspirators smuggled millions of dollars out of Iraq into the United States aboard commercial airliners and laundered cash through multiple foreign bank accounts in Switzerland, Amsterdam and Romania.

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