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600 Taxi Companies Claim Phony |Insurers Took Them For A Ride

ATLANTA (CN) - Phoenix Brokers and Contractors Bonding Ltd. defrauded 600 taxi companies by selling them "nonexistent" insurance policies, a class-action RICO complaint claims in Fulton County Court. The lead plaintiff says it bought the bogus policies through Mark Solofa Insurance Co., which also allegedly is illegitimate. See complaint.

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