U.S. District Judge Christopher Droney sentenced former Gen Re CFO Elizabeth Monrad to 18 months in prison, to be followed by three years of supervised release, for her role in a fraudulent scheme to manipulate AIGAIGs financial statements, according to PR Newswire.
Nora Dannehy, acting U.S. Attorney for the District of Connecticut and Dana Boente, acting U.S. Attorney for the Eastern District of Virginia, announced Monrad also was ordered to pay a fine in the amount of $250,000.
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