Germany Arrests Alleged Insurance Swindler on U.S. Extradition Request (IVA)

On September 4, 1999, German police authorities arrested Martin Frankel, the U.S. money manager accused of swindling U.S. insurance companies out of hundreds of millions of dollars, in response to a U.S. arrest warrant. The warrants was first issued on July 14, 1999 when U.S. authorities learned that Mr. Frankel apparently had fled overseas after bilking insurance companies and investors...[more]