Two associates of former Arizona Rep. Rick Renzi are set for trial this week in a case tied to allegations that the congressman looted his family insurance business to fund his campaigns and for personal expenses. Andrew Beardall of Rockville, …
A Milford, Neb., woman accused a third time for stealing money from an employer has been sentenced to two to three years in prison for embezzling from her current employer, an insurance firm. Tonya S. Kelley’s had pleaded no contest …
North Carolina Insurance Commissioner Wayne Goodwin announced the arrest of Vickie Bowman of Taylorsville on seven counts embezzlement. According to the arrest warrants, Bowman failed to remit a total of $7,958.01 in customers’ insurance premiums into the North Carolina Farm …
A man who once led a now-defunct insurance brokerage has been ordered with a co-defendant to pay more than $353,000 in restitution over allegations he stole from an employee benefit plan. Former BLIS International Group CEO Barney T. Lyles of …
Fraud bills are blooming like azalea bushes around the East this spring, and statehouses are rife with upside potential for substantive new fraud laws in 2010. This counters the recent logic that many state lawmakers are too busy trying to …
A judge has delayed the federal embezzlement trial of two women accused of embezzling nearly $6 million from West Des Moines, Iowa, insurer Aviva USA. Phyllis Stevens and her partner, Marla Stevens, are accused of fraud, money laundering and other …
A California insurance broker has pleaded guilty to a court offer of 10 years in state prison for grand theft and insurance fraud by taking $4.6 million in premiums and issuing false certificates of insurance to four companies, the state …
Bakersfield, Calif.-based insurance agent Albert Ricardo Prince has been arrested and charged with eight felonies that include one count of grand theft, two counts of embezzlement, three counts of concealing insurance information and one count each of perjury and offering …
Waterbury, Connecticut-based Webster Financial Corp. said it was the target of an elaborate embezzlement scheme at a subcontractor that provides bulk cash processing on behalf of one of its major vendors. The company said that the subcontractor had made partial …
A 63-year-old former bookkeeper at a Dalton, Georgia insurance brokerage is facing federal charges she embezzled more than $1 million from her employer. Prosecutors say Carolyn Lynn Cherry of Chatsworth forged her supervisor’s signature on company checks from 2003 to …