fake insurance policies News

Lawsuit Alleges Ambassador Captive Used to Create Fake Insurance Policies

The owners of one of the oldest insurance agencies in Texas must have felt pretty surprised when they were named in a federal lawsuit brought by an AIG company, alleging the agency was part of an elaborate fraud that forged …

Virginia Woman Sentenced for Insurance Fraud

A Schuyler, Va., woman convicted of selling fake insurance policies will spend more than two years in prison. Forty-year-old Mae Anne Fattaleh also must pay more than $100,000 in restitution. The Daily Progress says Fattaleh pleaded guilty in April in …

Sentence Handed Down in Mississippi Mail Fraud Case

A former Mississippi insurance agent will serve four years in prison for mail fraud and false pretense. Attorney General Jim Hood says 45-year-old Elisa Odom of Bailey pleaded guilty Monday in Lauderdale County Circuit Court to five counts of mail …