An attorney representing some of the jewelry companies impacted in the heist said Jeson Nelon Presilla Flores’s deportation ‘exposes a gap in the system that deserves transparency’
That’s the even bestest part. The jewelery companies intentionally undervalued the pieces in order to lower the cost of insuring it all. The jewelers are now suing Brinks because their insurance will only pay out the insured amount, which was about $10m. Brinks is countersuing the jewelers for breach of contract and fraud for claiming 10x less than actual value when paying for shipping.
Honestly I hope everyone involved gets fucked out of house and home lmfaoooo
I was so busy laughing I forgot to be angry, sorry jewelery comapnies
They have insurance for this. They’ll be fine.
That’s the even bestest part. The jewelery companies intentionally undervalued the pieces in order to lower the cost of insuring it all. The jewelers are now suing Brinks because their insurance will only pay out the insured amount, which was about $10m. Brinks is countersuing the jewelers for breach of contract and fraud for claiming 10x less than actual value when paying for shipping.
Honestly I hope everyone involved gets fucked out of house and home lmfaoooo
Those jewelers are SOL. Those insurance contracts are ironclad. They’ll end up eating the cost AND the cost of the defense. Bold move cotton.