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Institutional investors bought private bonds backed by Italy's most powerful organized crime group in the past three years, according to a Financial Times report. Pension funds, hedge funds, family offices, and a private Italian bank bought about 1 billion euros ($1.1 billion) of the debt. In one deal, investors bought bonds linked to assets sold by organized criminals who were charged with stealing millions from the European Union. Visit Business Insider's homepage for more stories.

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