NY livery insurer American Transit files $450mn Rico fraud case
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NY livery insurer American Transit files $450mn Rico fraud case

The suit seeks compensatory and punitive damages from 180 defendants.

By Kyoung-son Song
December 17, 2024
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NY livery insurer American Transit Insurance Company has filed a $450mn fraud suit against 180 defendants, under the federal Racketeer Influenced and Corrupt Organizations Act (Rico).

The

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