Eliot Spitzer $60 Million

Published: August 23, 2011

Eliot Spitzer $60 Million, Former New York Governor Eliot Spitzer faces a $ 60000000 libel suit Monday in a quality assurance old who recently had his conviction for insurance fraud dismissed.

William Gilman, a former Marsh & McLennan Cos. executive, complained Friday that the article claims Spitzer Slate.com “They still do not get it” falsely suggested that Gilman was criminally responsible for insurance mechanisms fraud, Bloomberg reported.

Gilman was indicted on 37 counts of insurance fraud in New York State Supreme Court in 2005, while Spitzer was attorney general of New York. Gilman was convicted of one charge, but a judge thew his sentence in January.

Spitzer’s article was written in response to an editorial in the Wall Street Journal critical of the investigation office Spitzer on financial crimes.

“I have not seen the lawsuit and therefore will not comment,” Spitzer said in a telephone interview with Bloomberg. “The illegal endemic in Marsh & McLennan leading to their 850 million fine and multiple legal and findings of illegality are clearly public record.”

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