(Bloomberg) -- A former QBE Insurance Group Ltd. executive and an accomplice embezzled $2.6 million by submitting phony invoices in which the name of the chief financial officer was forged, according to U.S. prosecutors.
James J. Shea, a former QBE vice president who was responsible for integrating the Australian insurer’s information technology systems, and Eugene Fallon, an outside consultant, defrauded QBEover two years, beginning in January 2012, the U.S. said. QBE isn’t named in the criminal complaint filed Tuesday in Manhattan federal court.
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