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Lex Greensill’s Fraud Means Zurich Can’t Payout $400 Million, Insurer Argues

Lex Greensill’s fraud and “conspiracy” with commodities tycoon Sanjeev Gupta should prevent the financier’s collapsed bank from making a $400 million claim, Zurich Insurance Group said in a London lawsuit. Greensill Bank AG’s administrators sued Zurich to recoup losses of …
Source: Claims Journal