Imprisoned Tennessee Insurance Executive Charged with Bribery

July 1, 2008

A former Tennessee insurance executive is accused of trying to buy his way out of prison.

Federal authorities charged James Michael Foley of Germantown last week with bribery of a government official and obstruction of justice.

Drug Enforcement Administration agent George Stauffer met with Foley while wired to record the meeting.

The government said in an affidavit Foley offered Stauffer $20,000 if he recommended a sentence reduction, claiming Foley had given him tips about drug dealers.

Foley previously worked for disability insurer Unum.

In December 2006 he pleaded guilty to mail fraud and making false statements on federal documents and is serving a 51-month prison sentence in Millington, Tenn.

Information from: The Commercial Appeal,

Was this article valuable?

Here are more articles you may enjoy.