Italy's Bio-on CEO arrested in 'Plastic Bubbles' probe

BOLOGNA, Italy (Reuters) - The head of Italy's Bio-on was arrested on Wednesday in a probe into false accounting and market manipulation, just three months after the bio-plastics maker suffered an attack by a short seller fund that erased 80% of its value.At a press conference in Bologna a prosecutor said Bio-on CEO and Chairman Marco Astorri had been placed under house arrest as part of the so-called "Plastic Bubbles" investigation.Co-founder Guido Cicognani and chief auditor Gianfranco..