Colorado Bankers (CB Life)...

[Dan T]

A sentencing date has not been set yet for yesterday’s conviction

 

[rats0001]

Up to 30 years

 

[David Nyman]

Wow. So another danger of SGA protection emerges.

Participating Carriers dont have to cover losses if there is obvious fraud?

Seems like a lot of loopholes and roadblocks in this system.

This is new! Where did you see this?

 

[Newby]

This is new! Where did you see this?

It’s happened before. They covered some but not all.

 

[rats0001]

Not sure what the effect is , but sounds good. Paywall so can't read the whole thing. If its a court decision, I'm sure it will be appealed

 

[dnmarks55]

Not sure what the effect is , but sounds good. Paywall so can't read the whole thing. If its a court decision, I'm sure it will be appealed

Don't expect any fast action on this. Check the date of the story - May 18, 2022

 

[Dan T]

 

[rats0001]

I don't think this will happen, losers always try this. It might br thrown out on appeal again, in 2 years.

 

[pcast79]

Ugggh This is never going to end....
What are your predictions when this will get liquidated and people will get their money?

 

[rats0001]

Causey once said it was a 10 year plan, so 2029. June 27 is 5 years, so we are half way.