Brazil Police Seize Ex-Billionaire Batista’s Yacht, Jet Skis

Brazilian businessman Eike Batista, center, once Brazil's richest man, with is lawyers during the first day of his trial for alleged insider trading in Rio de Janeiro, Brazil, on Nov. 18, 2014.

Photographer: Yasuyoshi Chiba/AFP via Getty Images

Brazilian police seized a yacht and other aquatic toys owned by former billionaire Eike Batista, five days after raiding the tycoon’s mansion in Rio de Janeiro.

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