777 Partners founder’s guilty plea deepens scrutiny of Wall Street’s insurance trade
A Semafor investigation in 2023 found that 777 had been funneling insurance policyholders’ money into risky bets that it ginned up itself. The founder of 777 Partners, the poster child for the underbelly of Wall Street’s insurance push, pleaded guilty to fraud Thursday. A Semafor investigation in 2023 found that 777, w