Ex-Insurer CEO Fights Dishonesty Claim In £1.9M Fraud Suit

Law360, London (July 30, 2019, 7:04 PM BST) -- The former CEO of a defunct Liechtenstein insurer has hit back at a £1.9 million ($2.4 million) suit filed against him in London by a group of investors, denying that he concealed the company's financial state to lure investments.

William Dewsall, who was the chief executive at Gable Insurance AG, has filed a defense to a fraud claim from a group of nine British and offshore holding companies, trusts and individual investors, accusing him of hiding his former company's true financial position to attract further cash injections. He denied acting dishonestly and said the claimants cannot bring a suit over alleged...

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