Headline Details

Allianz division agrees to pay $6 billion for defrauding teachers, religious groups and foundations

Published on: Tue, 17 May 2022 19:29:52 UTC
News Agency: CNN
Description:
A US division of German insurance firm Allianz will pay more than $6 billion for what US investigators called a "massive fraudulent scheme" that involved the investments of public pensions, religious organizations and other foundations.

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