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TIME: Almanac 1993
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TIME Almanac 1993.iso
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062992
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06299917.000
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1992-09-24
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563b
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18 lines
THE WEEK, Page 32BUSINESSEt Cetera
IMPLODING EMPIRE
In early-morning sweeps, London police arrested Kevin and Ian
Maxwell, sons of disgraced tycoon Robert Maxwell, and his
former financial adviser, Larry Trachtenberg. The three face a
total of 15 charges of theft and conspiracy to defraud involving
$260 million [(pounds)140 million], some from pension funds.
The alleged offenses took place in the months before and just
after Maxwell's death.