Rio Times
Rio Times··1 min read
Brazil’s IRB Ends U.S. Fraud Case Born From a Fake Buffett Endorsement
BRAZIL · BUSINESS Key Facts —Case closed: Brazilian reinsurer IRB said on June 1 it has completed all obligations under its agreement with the US Justice Department. —The origin: The case stems from false information, spread in early 2020, that Warren Buffett’s Berkshire Hathaway had bought a major stake in the company. —The fallout: When […] The post Brazil’s IRB Ends U.S. Fraud Case Born From a Fake Buffett Endorsement appeared first on The Rio Times .
Source: Rio Times
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