On the Record
A receptionist previously employed by a New Jersey medical office was sentenced to 34 months in prison and ordered to pay $556,000 in restitution for a scheme that involved stealing funds paid by health insurance companies.
A former central Pennsylvania insurance agent who admitted conning his friends out of roughly $1.5 million in an investment scheme will spend more than 5 years in federal prison.
New Jersey officials announced that an unlicensed former doctor and her husband were indicted for billing a medical insurance company more than $172,000 for treatments that were not rendered to patients.
A licensed insurance broker-agent is accused of stealing more than $500,000 from the Los Angeles Unified School District and other programs managed by his employer, authorities said.
Arthur Cade, … Read →
Delaware County, Pa., District Attorney Jack Whelan announced charges in a four-year investigation into the elaborate scheme that cost insurance companies at least $85,000 and involved 11 individuals.
Federal authorities have charged 18 people in South Florida in a $125 million fraud scheme aimed at prominent private health insurance companies, according to the Tampa Tribune.
Four of those indicted … Read →
A New York insurance company executive who conspired with the former head of a large Jewish charity in a $9 insurance kickback scam has been sentenced to 18 months in jail.
Loren Holzhueter raked in more than $10 million through a Ponzi scheme run out of his small Wisconsin insurance agency, the U.S. Securities and Exchange Commission charged in a securities … Read →
A California man has been sentenced by a U.S. District Court in Richmond, Va., to spend the nex 6.5 years in prison for his role in a life insurance scheme involving nearly 1,000 people across the country.
The owner of a New Jersey-based insurance adjusting company was sentenced to 32 months in prison for his role in a scheme to defraud the N.J. Turnpike Authority (NJTA) and various insurance companies of at least $900,000.