Justice Dept.: Insurance Mogul Pleads Guilty to $2B Fraud and Money Laundering Scheme
November 13, 2024
November 13, 2024
WASHINGTON, Nov. 13 -- The U.S. Department of Justice issued the following news release on Nov. 12, 2024:
A Florida man pleaded guilty today to conspiracy to commit offenses against the United States and conspiracy to commit money laundering in connection with a scheme to defraud insurance regulators and policyholders through a web of companies based in North Carolina, Bermuda, Malta, and elsewhere.
According to court documents, from no later than 2016 through at least . . .
A Florida man pleaded guilty today to conspiracy to commit offenses against the United States and conspiracy to commit money laundering in connection with a scheme to defraud insurance regulators and policyholders through a web of companies based in North Carolina, Bermuda, Malta, and elsewhere.
According to court documents, from no later than 2016 through at least . . .