Aon and White Rock BDA begin Vesttoo legal action and seek bank LOC discovery
Aon and its White Rock Bermuda affiliate have begun legal action in New York seeking to freeze Vesttoo’s US bank accounts and compel it to provide information about the nature and scope of alleged collateral fraud, and are also petitioning for discovery from the trio of banks purported to have issued allegedly fake letters of credit, The Insurer can reveal.