Beechwood Group’s reinsurers in Bermuda and the Cayman Islands are being sued for allegedly participating in a “criminal enterprise” involving New York-based hedge fund Platinum Partners that allegedly swindled a Texas oil and gas drilling company out of $98 million.
Beechwood’s Bermuda & Cayman reinsurers sued over $98M ‘fraud’ involving Platinum Partners
7 years ago
Topics
Bermuda Cayman Islands Fraud Insurance InvestmentKeywords
B Asset Manager II LP B Asset Manager LP BAM Administrative Services LLC BBIL ULICO 2014 Beechwood Bermuda