Milestones Sep. 13, 1999

ARRESTED. MARTIN FRANKEL, 44, fugitive financier whose trading firm may have been the center of a sophisticated scam that siphoned some $335 million from a web of insurance companies; by German police on a warrant charging him with U.S. federal money-laundering and wire-fraud offenses; at a hotel in Hamburg. Extradition is expected to take several months. After flying to Rome in May, Frankel vanished. At one point, a report had him in Brazil. Mona Kim, his office manager and a companion in the early part of his journey, told CNN that there was no high living: "I don't recall that I...

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