SEC and DoJ charge former IRB exec with fraud over Berkshire “false story”

Published: Tue 19 Apr 2022

The US Securities and Exchange Commission (SEC) and Department of Justice (DoJ) have revealed charges against former IRB Brasil Resseguros executive Fernando Passos for allegedly planting a false story with the media and disseminating false documents claiming that Berkshire Hathaway had made a substantial investment in IRB.