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  • 1 year ago
Angela Chao, the 50-year-old CEO of Foremost Group, died on February 11the after her car went into a pond on a ranch in Texas. The initial investigation indicated it was an accidental death, but the sheriff's office is still investigating it as a potential criminal matter. In a letter, the sheriff told the attorney general the death was "not a typical accident," and the investigation continues as criminal until evidence rules that out. Media requests for documents and evidence from the probe have been denied to avoid interfering with the ongoing investigation.
Transcript
00:00 It's Benzinga and here's what's on the block.
00:03 Angela Chao, the 50-year-old CEO of Formos Group, died on February 11th after her car
00:07 went into a pond on a ranch in Texas.
00:10 The initial investigation indicated it was an accidental death, but the sheriff's office
00:13 is still investigating it as a potential criminal matter.
00:16 In a letter, the sheriff told the attorney general the death was not a typical accident
00:21 and the investigation continues as criminal until evidence rules that out.
00:25 Media requests for documents and evidence from the probe have been denied to avoid interfering
00:29 with the ongoing investigation.
00:31 For all things money, visit Benzinga.com.
00:33 [BLANK_AUDIO]

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