« Norwich Union / Standard Life: pay as you exit |
| Review Worldwide Reinsurance Awards for RMS, Guy Carpenter, Hannover Re »
September 10, 2004
Priest fined $15,000 for role in Frankel insurance swindle
A federal judge fined a minor Vatican official $15,000 Thursday, but spared him prison time for his role in the insurance scam of disgraced financier Martin Frankel.
Monsignor Emilio Colagiovanni, 84, an Italian national, must pay the fine within 30 days and cannot leave the United States until he pays, U.S. District Judge Ellen Bree Burns ruled.
Read the full story
Posted by Tom Troceen