Philips Pension Fund Victim of 150 Million Euro Fraud

While original estimates last autumn showed that the Philips pension fund had suffered a loss of 45 million Euro due to fraud, it now appears that the damage is closer to 150 million Euro. Over 100 people are suspected of being involved in the fraud case.
http://www.parool.nl/parool/nl/7/Misdaad/article/detail/25849/2008/08/04/Philips-pensioenfonds-lijdt-150-miljoen-schade.dhtml