Former Allianz Employee Pleads Guilty to Fraud Over $7-Billion Funds Collapse

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Insurance Journal - Jun 10, 2024

A former Allianz fund manager pleaded guilty on Friday over his role in a meltdown of private investment funds sparked by the pandemic that caused an estimated $7 billion of investor losses. Gregoire Tournant, 57, of Basalt, Colorado, admitted to …...

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