Vesttoo identifies ‘pervasive and systemic misconduct’ by limited set of execs & third-parties

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Reinsurance News - Sep 07, 2023

Insurtech Vesttoo has now filed its first interim report in the U.S. bankruptcy court for Delaware following its investigation into fraudulent letters of credit (LOC), and says that its scrutiny of the matter has identified that “pervasive and systemic misconduct was engaged in by a limited se...

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