Brazilian Reinsurer Resolves U.S. Probe Into Fake Berkshire Hathaway Story

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Insurance Journal - Apr 25, 2023

A Brazilian reinsurer entered a non-prosecution agreement and will pay $5 million to resolve a U.S. probe into a false story that the company had received a significant investment from billionaire Warren Buffett’s Berkshire Hathaway Inc. The U.S. Department of …...

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