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Insurance Tech Co. Root Sues Ex-CMO for Alleged $9.4M Fraud  

Insurance technology company Root has sued its former chief marketing officer over almost $10 million in unauthorized expenditures. So reports Insurance Journal.

fraud 2695269 640smallPer the complaint, Root claims that Brinson Caleb “BC” Silver participated in a “brazen and sophisticated scheme to defraud Root of at least $9.4 million.”

Silver was pink-slipped last November as part of layoffs at Root, which he joined one year earlier.

Read the full article from Insurance Journal.

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