A former Des Moines, Iowa, insurance agent was sentenced to 41 months in prison for insurance fraud.
Melissa Ilene Williams, of Dike, Iowa, also was ordered to pay restitution for fabricating and submitting life insurance policies to two separate insurance companies between July 2011 and January of 2012. Williams pled guilty to one count of mail fraud on March 3, 2014.
Iowa Insurance Division had revoked Williams’ insurance producer’s license in November 2013.
Williams was ordered in federal court to pay full restitution in the amount of $139,137.13 to Funeral Directors Life Insurance Co., a Texas-based insurer, and $36,010.19 to National Guardian Life Insurance Co. in Madison, Wis.
The case was investigated by state and federal prosecutors.
Upon her release, Williams will also be supervised by authorities for an additional three years.
Was this article valuable?
Here are more articles you may enjoy.
Progressive Gains as Drivers Shop Around for Auto Insurance—Again 
Survey Shows Majority of Florida, California Homeowners Seeing Higher Insurance Costs 
AIG General Insurance Chairman McElroy to Retire May 1 
USAA to Lay Off 220 Employees From This Issue
