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Shell game

Only hours after Iraq's surrender ended the Persian Gulf War on February 27, 1991, federal officials swarmed the suburban home of an Atlanta banker. They handcuffed and arrested him on 347 felony charges - enough to send him to prison for some nine hundred years.

Christopher Drogoul, the handsome and personable manager of the Atlanta branch of Italy's government-owned Banca Nazionale del Lavoro, was painted as an evil mastermind. The United States government charged Drogoul with secretly and illegally funneling more than $4 billion to Iraq and Saddam Hussein. The official line portrayed Drogoul as a high-tech con man, carrying out a prodigious fraud to feed his own greed and duping his Italian bosses, U.S. regulatory agencies, and Washington itself.

But was Christopher Drogoul a brilliant manipulator or merely a pawn in a game run by much more powerful players?

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