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Guggenheim Bilbao Honcho Embezzled $800K

Museum sues CFO after years of fraud

By Jason Farago,  Newser Staff

Posted Apr 18, 2008 10:15 AM CDT

(Newser) – The Guggenheim Museum's outpost in Bilbao is suing its director of finance after he admitted embezzling $800,000 from the institution's coffers. In a long mea culpa letter to the museum's director, Robert Cearsolo Barrenetxea confessed that he had used bank transfers and fraudulent checks...   Read full story »

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