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Insurers Fight RBS' Bid For £24M Payout Over Madoff Fraud

By Martin Croucher (April 21, 2020, 7:04 PM BST) -- Five insurers are fighting a £24 million ($29 million) claim from Royal Bank of Scotland over losses caused by Bernard Madoff's investment scheme, arguing the computer fraud policy doesn't cover the fraudulent paper statements the fund issued. ...

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