Several Vesttoo execs depart amid audit over ‘inconsistencies’
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Several Vesttoo execs depart amid audit over ‘inconsistencies’

Fiona Robertson
July 18, 2023
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Vesttoo logo Tel Aviv Israel new 2021.jpg

Vesttoo said it has brought in third-party experts for an audit after discovering “inconsistencies” in the modelling of its transactions.

The firm added that several members of its leadership team had departed.

The statement followed allegations in an Israeli media article that billions of dollars of collateral presented by Vesttoo investors was missing or fraudulent.

The

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ILSTalentNewsVesttoo
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Fiona Robertson
Editor, Insurance Insider
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