Former Allianz Unit Exec Admits Role In $6B Fund Fraud

By Pete Brush (June 7, 2024, 1:17 PM EDT) -- A former portfolio manager at Allianz SE's U.S. unit told a Manhattan federal judge Friday that he lied to investors about the risks of the German finance giant's now-defunct Structured Alpha Funds, admitting to his role in a $6 billion fraud....

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