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Text File  |  1992-08-28  |  588b  |  17 lines
  1.                                                                                 MILESTONES, Page 49
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  4.     INDICTED. David Paul, 52, former CenTrust chairman, and Ghaith
  5. Pharaon, 51, Saudi financier, in connection with the collapse of
  6. Miami's CenTrust bank; for fraud; in Miami. Paul dealt with the
  7. scandal-ridden Bank of Credit & Commerce International, Charles
  8. Keating's empire and Drexel Burnham Lambert. He became a symbol
  9. of excess in the S&L crisis after he reputedly spent CenTrust
  10. millions on artwork, rare books, a sailboat and gold-plated
  11. plumbing fixtures.
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