



Insurer Reaches Settlement Over Crown Forex FINRA ClaimsBy Juan Carlos RodriguezLaw360, New York (June 18, 2012, 5:36 PM ET) -- The insurer for convicted Crown Forex SA fraudster Jason Bo-Alan Beckman on Monday agreed to pay $400,000 to settle Financial Industry Regulatory Authority claims made by investors who lost money in connection with his Ponzi scheme.Everest Indemnity Insurance Co. will pay $282,500 to the investors and $117,500 to the receiver in charge of Beckmans estate, according to an order signed by U.S. District Judge Michael J. Davis.A Minnesota federal jury last week found Beckman and two others guilty of helping Crown Forex principal Trevor... (you have to register to read to read the full story)