Posted On: 02/27/2012 10:15:09 PM
Post# of 853
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Medley’s $20 Million Indonesia Cars Bet Led to FBI, Legal Saga
Medley Capital Corp.’s $20 million bet on an auto-financing business in Indonesia soured when the money vanished in 2007. Five years later, the New York-based investor is still trying to find a way to recover its stake, while avoiding Indonesian courts.
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