AIG claims handler jailed for fraud

Posted On: Aug. 7, 2019 5:56 AM CST

The City of London Magistrates' Court has jailed James Beaver, a claims handler at American International Group Inc.'s U.K. unit for two years for defrauding his employer of £390,000 ($473,354) to fund his cocaine habit, BBC reported. Mr. Beaver made a total of 91 payments to his account between 2016 and 2018.