Wells Fargo's alleged involvement was one of many similarities between the Silbiger policy and another stranger-originated life insurance policy that the New Jersey Supreme Court declared null and void in 2019.
April 06, 2023 at 02:39 PM
5 minute read
Wells Fargo was hit with a lawsuit over its alleged role in a scheme involving strangers who bought a life insurance policy on a New Jersey woman.
Ameritas Life Insurance Corp. brought the suit in the U.S. District Court for the District of New Jersey against Wells Fargo in its role as a securities intermediary.
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A Wells Fargo branch office in Baltimore, Maryland. Photo: Diego M. Radzinschi/ALM
