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News Summary: Turkish Cypriot tycoon guilty

By The Associated Press
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GUILTY VERDICT: A British jury has found Turkish Cypriot tycoon Asil Nadir guilty of 10 charges of theft from his collapsed Polly Peck conglomerate, 22 years after the company folded.

THE DETAILS: A jury at the Central Criminal Court returned seven guilty verdicts on Wednesday, in addition to three convictions decided Monday. Nadir, 71, was found not guilty on three other charges of theft. Sentencing was set for Thursday.

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