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N.Y. U.S. Attorney: Owner of Insurance Firm Sentenced to 10 Years in Prison for $40 Million Scheme to Steal Client Healthcare Funds and Defraud Lenders
August 22, 2024
NEW YORK, Aug. 22 -- The office of the U.S. Attorney for the Southern District of New York issued the following news release on Aug. 20, 2024:

Damian Williams, the United States Attorney for the Southern District of New York, announced today that ANTHONY RICCARDI, an owner and manager of the Connecticut insurance firm Employee Benefit Solutions LLC ("EBS"), was sentenced to 10 years in prison for conspiring to commit wire fraud and bank fraud. Between 2015 and 2019, RICCAR . . .

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