From Mr. Moneybags, DBA "JohannesBorgen":
Time to go back to the incredible Allianz story that broke yesterday: how did a boring German insurer end up paying 5.8bn$ in fines & client compensation?
— JohannesBorgen (@jeuasommenulle) May 18, 2022
A thread + what I think are important lessons at the end – but before you ask, why they did it, here’s the answer. pic.twitter.com/brrImnKdwP
If you are at all interested in frauds, read on:
If not, our out-the-door non-sequitur:
Mr. Moneybags was one of the very early inductees into the Climateer Hall of Fame:
