Insurer’s employee jailed for stealing $932,000 in agent commissions
An Americo Life Insurance Co. employee who fraudulently accessed agent commission accounts to steal more than $900,000 from the insurer was sentenced to 30 months in federal prison.
Mark Comacho, 41, of Cedar Hill, Texas, was also ordered to pay $932,197 in restitution by Chief U.S. District Judge Sidney A. Fitzwater, according to the U.S. Attorney’s Office for the Northern District of Texas.
Between January 2003 and February 2004, Comacho, working at the Dallas, Texas, branch of the Americo Life, recruited eight people to serve as recipients of deposits that Camacho unlawfully transferred from insurance agents commission accounts within Americo’s system. After causing each of the deposits to be made into his co-conspirators bank accounts, Camacho split the funds with his co-conspirators, according to prosecutors.
Camacho’s access to the agents commission accounts, which was unauthorized by Americo, generated more than 200 electronic fund transfers in varying amounts, totaling approximately $932,197, prosecutors said.
In March 2009, Camacho and several others were indicted for conspiracy to exceed authorized access of a protected computer and exceeding authorized access of a protected computer.
Six defendants in this case have previously pleaded guilty to the conspiracy charge and have been sentenced, including Jerry R. Castillo, 37, of Mansfield, Texas, sentenced to two years and $148,353.18 in restitution.
The five others include Brian Harris, 32, of Lancaster, Texas, sentenced to 18 months in prison and $344,405 in restitution; Carlos A. Rangel, Jr., 35, of Dallas, Texas, sentenced to six months in prison, five months home confinement and $149,541 in restitution; Anthony Mendez, 34, of McKinney, Texas, sentenced to four months in prison, four months home confinement and $144,586 in restitution; Philip Hughes, 34, of Wylie, Texas, sentenced to four months in prison, four months home confinement and $30,572 in restitution; and John P. Mendez, 29, of Irving, Texas, sentenced to four months in prison, 90 days home confinement, and $22,244 in restitution.
U.S. Postal Inspection Service staff was involved in the investigation leading to the charges, prosecutors said.


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