Judge Administratively Closes RICO Action Over Reinsurance Premium Kickback Scheme

Mealey's (December 21, 2018, 2:51 PM EST) -- TRENTON, N.J. — A New Jersey federal judge on Dec. 4 administratively terminated a case alleging violations of the Racketeer Influenced and Corrupt Organizations Act based on a scheme on lender-placed insurance (LPI) involving the use of kickbacks, including reinsurance premiums (Edward Leo v. Nationstar Mortgage LLC of Delaware, et al., No. 17-05839, D. N.J.)....