PE Firm Was Behind 'Blatant' $100M Fraud, Insurer Says

By Ryan Boysen (October 17, 2017, 7:26 PM EDT) -- Insurer Confie Seguros Holding II Co. is urging an Illinois federal court to greenlight its securities fraud suit against the owners of an auto insurance network, brushing aside motions to dismiss and calling the $100 million scheme "so blatant" that Hollywood would reject it as "too outrageous" if it were a movie script. ...

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