Turkish Cypriot tycoon Asil Nadir was found guilty of theft Monday in relation to the collapse of his Polly Peck business empire, one of a series of debacles that focused public attention on the corporate greed of 1980s Britain.
Polly Peck was an low-profile British textile firm until Nadir took over in 1980, turning the modest business into a vehicle for a wave of acquisitions, including Del Monte's fresh fruit operations and Japan's Sansui Electric Co. The stock went through the roof and Nadir became one of Britain's richest men. (AP)