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U.S. Cannot Find $100 Million in Iraq Money

HeadlineMay 06, 2005

Federal Auditors say they cannot account for nearly $100 million in cash marked for Iraqi reconstruction. The money was supposed to be handed out by U.S. workers in shrink-wrapped bricks of new hundred-dollar bills. The cash came from Iraqi oil sales and other local revenues. A criminal investigation into possible fraud in a handful of cases is under way to determine what happened to the money.

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