Today news
About the same in other media
Insurance executive hit with SEC lawsuit alleging ‘massive’ fraud
Reading now: 709
fnlondon.comThe Securities and Exchange Commission sued insurance magnate Greg Lindberg, alleging that he and a lieutenant defrauded insurers out of more than $75m through a series of undisclosed related-party transactions and advisory fees paid to a Malta entity.
“We allege a massive fraudulent scheme, involving unique financial structures and various complex investments,” said Osman Nawaz, chief of the SEC division of enforcement’s complex financial instruments unit, in a news release 30 August accompanying the complaint.
The...
Read more on fnlondon.comAbout this in other media
Ford prepares to enter the Metaverse with virtual automobiles and NFTs cointelegraph.com /2 years ago
AA hasn’t told anyone it is insuring my car theguardian.com /2 years ago
Thai SEC files police report on Zipmex, alleging ‘incomplete’ info for compliance procedures cointelegraph.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
