Insurance coverage Agent Pleads Responsible to Embezzlement
The chief executive officer of a Taunton, Massachusetts coverage agency pleaded responsible to embezzlement costs in a plan that stole $295,278 from neighborhood businesses, state Legal professional General Maura Healey’s office environment mentioned Friday.
David G. Pietro, 67, of Sandwich and his corporation, DPG-Miles Insurance policy Agency, entered guilty pleas for five felony counts of larceny by embezzlement in Bristol Superior Courtroom. Choose Daniel O’Shea sentenced Pietro to two many years of probation ordered him to conduct 100 hrs of local community service and fork out restitution to the victims. The amount of money has not however been determined.
O’Shea also purchased Pietro to surrender his insurance license, which correctly bars his organization from continuing to function, the Lawyer General’s Business office explained.
Prosecutors say Pietro collected rates but failed to remit the payments to the insurers, leaving clients without having protection. Most of the 5 victims were tiny businesses, the workplace explained.
The embezzlement plan resulted in several consumer providers owning their professional insurance policy procedures cancelled.
LDI Suspends General public Adjuster
The Louisiana Department of Insurance policy had suspended the license of a New Orleans general public adjuster accused of fraudulently endorsing checks from insurance coverage providers and maintaining the funds.
LDI’s Office of Insurance Fraud and Enforcement on July 22 issued a cease-and-desist buy to Kade Austen Mitchell and his business Mitchell Altering Worldwide.
The Coverage Office claimed in a push release that Mitchell fraudulent endorsed checks totaling $150,000 from an insurance policy enterprise and unsuccessful to remit the money to the insured. On an additional event, Mitchell withheld a $117,441.43 coverage assert payment from a policyholder, the business reported.
“Louisiana policyholders place terrific trust in the community adjusters they retain the services of to deal with their statements soon after a decline and ought to have to have that have confidence in honored,” mentioned Insurance plan Commissioner Jim Donelon. “This kind of actions will not be tolerated in the Louisiana insurance plan current market.”
The department reported Mitchell was licensed in Louisiana as a community adjuster on Dec. 10, 2020. The company’s web site states it is headquartered in New Orleans and has an business in Distinct Lake Shores, Texas.
Automobile Fix Shop Proprietor Responsible in 2nd Function Comp Scam
The operator of an automobile mend store in Kennewick, Washington pleaded guilty to a felony just after failing supply workers’ payment insurance for his staff members for the second time.
The condition Office of Labor and Industries explained Rodney Eugene Dietrich, 47, was sentenced to 30 days of electronic house checking by Benton-Franklin Top-quality Court docket Decide Norma Rodriguez.
The section said Dietrich used two men at his shop, Rod’s Vehicles, from November 2017 to May 2019. He failed to provide workers’ payment coverage as expected by point out legislation, the division stated.
One particular employee was paid out money and an additional traded his labor for car parts and other things, investigators say.
The section stated Dietrich pleaded guilty to a misdemeanor charge for the identical offense in October 2016. He was billed once again with felony charge after two L&I investigators observe that personnel were operating at the store, which was not insured at the time.
Dietrich opened the store in 2004, but changed its identify, business enterprise framework and company license 3 instances immediately after slipping driving on workers’ compensation top quality payments, the office states. He owes additional than $40,000 in late premiums, interest and penalties. Dietrich also owes extra than $2,200 in wages and penalties for failing to pay out an personnel in 2013, the division claimed.
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