The SEC just charged a US subsidiary of investment giant Allianz in a multibillion dollar fraud scheme that targeted pensions and other investors

Business Insider
May 17, 2022, 1:28 pm98 pts
Securities and Exchange Commission Getty Images A subsidiary of Allianz agreed to pay $6 billion and pleaded guilty to charges of fraud and misleading investors. The Justice Department brought charges against Allianz Global Investors US for the March 2020 scheme. The Securities and Exchange Commission also sued…

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