Continental Casualty Co. v. Ramon

YARRUT, Judge.

Plaintiff-Appellee is the subrogated insurer on fidelity bonds issued to Haspel Bros., Inc. (nationally known men’s clothing manufacturer), indemnifying the latter against loss of property or money by the fraud or dishonesty of its employees or others in collusion with them.

Defendants-Appellants are the once trusted employees of Plaspel Bros. (Ramon), and others who, it is charged, in concert with Ramon over a period of 60 months, systematically defrauded the employer of 220 men’s suits manufactured by it, valued at ■$25.64 each, for the loss of which Plaintiff-Appellee paid…