The suit alleges that Aon “ignored red flags” and encouraged business partnerships despite internal doubts regarding ...

Described by one litigator as one of the largest and most brazen insurance frauds in corporate history, the latest in the ...

Aon (AON) has faced legal turmoil, with a lawsuit alleging fraudulent practices linked to its Collateral Protection Insurance product impacting the insurance sector and leading to Vesttoo's bankruptcy ...

Creditors to Vesttoo’s bankruptcy trust have filed a lawsuit against Aon and China Construction Bank (CCB) alleging ...

The Vesttoo Creditors Liquidating Trust, an independent fiduciary appointed by the U.S. Bankruptcy Court for the District of ...

Aon, the world’s second-biggest insurance broker, is being sued for alleged fraud over its role in marketing a new form of insurance that helped start-ups raise money.

Insurance broker Aon is being sued by a trust representing creditors to the bankrupt technology company Vesttoo for alleged fraud over its role in ...

In the latest twist in the long-running Vesttoo saga, where fraudulent collateral was found to be sitting behind reinsurance ...

Israeli fintech company Vesttoo said on Wednesday it named Ami Barlev as interim chief executive officer, replacing Yaniv Bertele, who was in charge during a fake collateral scandal.

Israeli fintech company Vesttoo is in "active discussions" with potential investors to find alternative collateral for clients after a fake collateral scandal, a company spokesperson said on Monday.

The co-founders of Israeli artificial intelligence startup Vesttoo ran a forgery scheme that included a fake bank employee persona named “Alex Garcia” to obtain billions of dollars in bogus ...

Vesttoo has actively expanded its operations since the beginning of the year, announcing a presence in London, Hong Kong, Dubai, Seoul and most recently, Tokyo, in addition to its established ...