The Bagger case Bagger: Banks lined up to lend me money

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Stein Bagger, the former CEO of the now defunct IT Factory who has admitted fraud to the tune of some DKK 831 million says he never had any problems in borrowing money for his fraudulent dealings.

Bagger has been in court today to answer some 61 charges of fraud in connection with a leasing merry-go-round that eventually cost banks and international financial institutes millions.

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