Microsoft allegedly raided Guatemala insurer

Microsoft raided a Guatemala insurance firm with local police officers to “extort” $70,000 in licensing fees from the company, a new lawsuit alleges.

The company, Seguros Universales of Guatemala City, alleged that Microsoft engaged in a pattern of “racketeering” to extort money from several related insurance companies in Guatemala.

Seguros gave its version of the raid in April of last year on its office in the downtown financial district of Guatemala City: “Microsoft appeared with armed Guatemalan law enforcement officers and halted plaintiffs’ business operations, it said.”

Source: South Florida Business Journal