ponzi scheme News
Court Lifts $65 Million Ponzi Scheme Settlement Against Insurers
A federal appeals court on Monday threw out a settlement requiring insurers to pay $65 million to a court-appointed receiver for companies once run by Allen Stanford, the Texas financier serving a ...
Willis Towers Watson Will Pay $120M to Settle Stanford Ponzi Scheme Suit
The insurance brokerage Willis Towers Watson Plc has agreed to pay $120 million to settle litigation accusing it of helping now-imprisoned Texas financier Allen Stanford run a $7.2 billion Ponzi ...