Indemnity Bond Covers Bank's Scam Losses, 8th Circ. Says
By Emily Field ( June 2, 2015, 5:05 PM EDT) -- The Eighth Circuit on Tuesday ruled that BancInsure Inc. must indemnify a bank for the cost of settling with two people who had been persuaded by a bank employee to invest in a scam involving an alleged multimillion-dollar estate of a supposedly deceased African businessman. ...
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