Vesttoo report alleges co-founders Bertele and Lifshitz “directly involved” in faking LOCs

Vesttoo has filed its initial report into the collateral scandal that has rocked the (re)insurance industry, with the insurtech alleging that former CEO Yaniv Bertele and ex-chief financial engineer Alon Lifshitz faked documents and collaborated with employees from banks including China Construction Bank and other third parties.