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Former prosecutor among handful indicted in money laundering scheme


Former prosecutor among handful indicted in money laundering scheme
7 hours 43 minutes 45 seconds ago
Friday, July 09 2021
Jul 9, 2021
July 09, 2021 4:39 PM
July 09, 2021
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Source: WBRZ
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PORT ALLEN – A former military judicial officer and state fraud prosecutor was among a handful of people indicted in a corruption investigation Friday.
A West Baton Rouge Parish grand jury indicted a group of people on charges related to allegations they funneled more than $800,000 in government money through a scheme that washed the money and put it back into the pockets of the scheme ringleaders, prosecutors said.
Prosecutors said the group was falsifying invoices, inflating costs and skimming the difference. ....

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Branch raises $50M to offer bundled auto & home insurance via an API – TechCrunch


Branch raises $50M to offer bundled auto & home insurance via an API
Branch Insurance, a startup offering bundled home and auto insurance, has raised $50 million in a Series B funding round led by Anthemis Group.
Acrew, Cherry Creek Holdings and existing backers Greycroft, HSCM Bermuda, American Family Ventures, SignalFire, SCOR P&C Ventures, Foundation Capital and Tower IV also participated in the round. With this latest financing, Columbus, Ohio-based Branch has raised $82.5 million in total funding since its 2017 inception.
With so many players in the insurtech space, it can get tough distinguishing the various offerings. Branch claims that it is unique in that it is able to provide customers with “an instant insurance offer” for bundled home and auto insurance “within seconds” using just a few pieces of information. ....

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Branch raises $50M to offer bundled auto & home insurance via an API

Branch Insurance, a startup offering bundled home and auto insurance, has raised $50 million in a Series B funding round led by Anthemis Group. Acrew, Cherry Creek Holdings and existing backers Greycroft, HSCM Bermuda, American Family Ventures, SignalFire, SCOR P&C Ventures, Foundation Capital and Tower IV also participated in the round. Branch claims that it is unique in that it is able to provide customers with “an instant insurance offer” for bundled home and auto insurance “within seconds” using just a few pieces of information. ....

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