Aon’s White Rock sues China Development Financial institution for damages over Vesttoo collateral fraud – Go Well being Professional
Aon’s segregated accounts firm White Rock Insurance coverage (SAC) Ltd. has filed a lawsuit in New York towards China Development Financial institution, alleging an “inside man” on the financial institution had represented that letters of credit score (LOC) concerned within the Vesttoo fraud had been genuine, and claiming a minimal $140 million in damages from … Read more