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Archive Home > 2009 > August > 07 > Former AIG chief settles fraud case for $15 million

Former AIG chief settles fraud case for $15 million

By Mary Williams Walsh and Jack Healy / The Bulletin
August 7, 2009

Federal regulators announced an agreement with Maurice Greenberg on Thursday to settle accusations that he oversaw an accounting fraud at the American International Group.

But Greenberg did not go quietly.

Shortly after the SEC's announcement, Greenberg issued a defiant statement saying he had....

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