Vesttoo confirms investigation ongoing but no update on Bertele or Lifshitz

Vesttoo’s “rigorous external investigation” into suspected fraudulent letters of credit used as collateral on deals transacted through its platform is continuing, the beleaguered insurtech has confirmed, but there was no update on the fates of CEO Yaniv Bertele and chief financial engineer Alon Lifshitz, nor of their potential successors.


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