Wednesday, December 3, 2008

Oxendine Announces Arrest of Suspects in Insurance Fraud Bust

Insurance Commissioner John W. Oxendine said arrest warrants have been issued on 19 suspects in an insurance fraud ring that allegedly collected $995,641.75 in misappropriated claims from a Japanese insurance company.

The suspected ringleader, Ken Dewberry, 42, of Lawrenceville, worked for Sompo Japan Insurance Company of America at the time the theft occurred -- March 1, 2001 to March 30, 2004. He has been charged with 30 counts of theft by taking, as well as charges under the federal Racketeer Influenced and Corrupt Organizations (RICO) Act.....More

No comments: