misappropriate money News

Houston Insurance Agent Sentenced to 10 Years in Prison

An insurance agent from Houston has been sentenced to 10 years in prison for pocketing more than $250,000 in customer premiums, the Texas Department of Insurance reported. TDI said McKinley Shumate, 59, of Houston was sentenced to 10-years in prison …

Former New Mexico Hospital Exec Sued Over Missing $3.2M

A former executive at a Santa Fe, N.M., hospital has been accused of bilking the care center out of more than $3 million by funneling the money through corporations that he owned in New Mexico, Arizona and Texas that were …