Bogus Stamps, Phony Bonds With Florida Ties Backed Failed Insurer
Apr 21, 2015 | By Colodny Fass
Insurance regulators are liquidating an Oklahoma insurer after capital injected by new owners, a New York financial firm, turned out to include bonds linked to an admitted counterfeiter and a supposed $40 million stamp collection that couldn’t be authenticated. The Wall Street Journal’s Leslie Scism reports.
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