Italy: Bank Error

The Swiss nab a fugitive

His passport identified him as an Argentine citizen named Bruno Rizzi. He turned up one day last week at a Geneva branch of the prestigious Bank of Switzerland to withdraw money — as much as $60 million, according to some reports — from numbered accounts. But Swiss police swiftly arrested him. His real identity: Licio Gelli, 63, an Italian businessman sought for 16 months for his part in two of the biggest scandals to rock Italy in years.

Gelli, who held dual Italian-Argentine citizenship, had been on the run...

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