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2010-09-02 21:29

Ponzi scheme shakes West African nation of Benin (AP)

The speaker of Benin's parliament has rejected a call from 48 opposition lawmakers to indict President Thomas Yayi Boni, pictured in 2009, in connection with an illegal investment fund.(AFP/File/Issouf Sanogo)AP - More than a hundred thousand people in the tiny West African nation of Benin have lost their savings in a Ponzi scheme run by a now-defunct company that appeared to be publicly endorsed by the country's president.


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