Brazil’s Federal Police have opened an investigation into former Brazilian billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering. At ... more 
Brazil’s Federal Police have opened an investigation into former Brazilian billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering. At one time the world’s 7th richest person, Batista lost his billionaire status earlier last year after the collapse of his once high-flying oil, mining and logistics empire, which two years ago was valued at over $60 billion and has since accumulated a mountain of debt. less 
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Wochit
Sun, Apr 20, 2014 6:02 PM EDT