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    Articles British Virgin Islands Featured Fraud Investment Liquidations & Insolvencies Netherlands Antilles USAJuly 23, 2007

    PwC agrees to pay $22.5 m to settle Lancer litigation

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    17 years ago

    Topics

    British Virgin Islands Fraud Investment Liquidations & Insolvencies Netherlands Antilles
    USA
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    Keywords

    Andre Steffen Gino Nivillac Lancer Offshore Liliana Garcia Liquidations & Insolvencies
    Michael Lauer PricewaterhouseCoopers
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    Accounting group PricewaterhouseCoopers has agreed to pay $22.5 million to settle claims regarding its audits of the fraudulently-operated Lancer Offshore group of hedge funds, which collapsed in 2003 with losses estimated at more than $400 million.