On the Record
A physician from Valley Stream, N.Y., has been acquitted in federal court of all charges in a $275 million scheme to defraud no-fault auto insurers.
Six defendants were sentenced today before United States District Judge Jean C. Hamilton for their roles in one of the largest frauds ever prosecuted in the Eastern District of Missouri.
A Nutley, N.J., chiropractor has pleaded guilty to second-degree health care claims fraud that netted him $89,000. Joseph Salomone, 45, was accused of causing false documentation to be submitted to insurance companies.
The former top executive of Bank of the Commonwealth was sentenced Wednesday to 23 years in prison and must pay $333.6 million in restitution for leading a scheme that led to the Virginia bank’s demise.
A Connecticut man pleaded guilty in Washington state to two counts of selling insurance without a license and one count of first-degree theft after insuring golf tournament hole-in-one prizes and failing to pay.
Eight people pleaded guilty in federal court to charges related to a scheme to defraud BlueCross BlueShield of South Carolina of $800,000.
A Washington state financial advisor and former insurance agent is facing a federal charge of mail fraud after allegedly liquidating a client’s account without permission.
A Texas insurance agent and financial planner was indicted for allegedly stealing $1 million from the life insurance proceeds of a client.
A former employee for a now-defunct New Jersey construction firm will spend seven years in prison for his part in an insurance scam that involved homeowners whose property was allegedly damaged by hail.
Eleanor Leistrum, 48, turned herself in to Bensalem, Pa., police on charges she stole a $156,209 life insurance policy payout that should have gone to her stepson, Angelo Popovsky.
Fur coats, a 2.2-carat diamond ring and Rolex watches were just some of the items owned by three disgraced Wisconsin insurance executives and auctioned off to help repay the $6 million they stole from clients and a local bank.
The former president of an eastern Pennsylvania bank has been arrested and charged with using his position as a contractor for a national life insurance company to defraud clients out of $10 million through phony investment schemes.
A Weems, Va., woman was sentenced in a Baltimore County court for stealing money from a client at the insurance agency where she once worked.
Cranbrook Financial Group of Troy, Mich., has won a $1.01 million lawsuit against one of its former insurance agents for violating the terms of his non-competition and confidentiality agreement.
A Virginia insurance agent surrendered her license and will spend five years on supervised probation after admitting to stealing more than $140,000 from a premium finance company.