A Miami jury decided the president of a Doral financial services company defrauded customers, wrapping up a $2.7 million final judgment for plaintiffs who pursued him in court for five years.
Caracas, Venezuela-based reinsurance company Provincial de Reaseguros bought a $1 million Venezuelan government bond in 2008 to meet its reserve requirements. Venezuelan law required the bond denominated in U.S. dollars to be kept outside Venezuela.
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