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Fraudsters angle for piece of BP oil spill fund

Fraudsters angle for piece of BP oil spill fund

Swindlers, scammers and even a few strippers are flocking to the Gulf Coast in search of a piece of the $20 billion BP Plc has set aside to compensate residents for spill-related losses.

Senh: Whenever there's money involved, lots of people are gonna want a piece of it. Sucks for the actual victims.

 

BP stalling payments to oil spill victims

BP stalling payments to oil spill victims

British energy giant BP Plc is holding up payments to economic victims of the Gulf of Mexico oil spill, Kenneth Feinberg, administrator of a $20 billion compensation fund, said on Saturday.

Senh: I don't blame them. They're already spending so much money trying to contain the spill. I think that should still be their main focus. After that, compensate the victims.

 

BP 'to fund $20bn spill payouts'

BP 'to fund $20bn spill payouts'

BP is to place $20bn in an independent fund to pay out compensation to victims of the Gulf oil spill, US media report.

 

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