Berkshire Accused of ‘Siphoning’ Funds in Workers’ Comp Suit

Updated on
  • Courier alleges insurer diverted premiums, cheating workers
  • New York company calls Berkshire plan ‘reverse Ponzi scheme’

Berkshire Hathaway Inc. duped a New York bicycle courier company into paying for a workers’ compensation plan that threatens to shortchange injured workers and businesses, according to a lawsuit filed Friday.

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