An insurance adjuster faces a maximum sentence of five years and a $250,000 fine after pleading guilty to mail fraud in U.S. District Court in Lexington, Ky.
According to the Lexington Herald-Leader, Wail J. Lodhi of Bradenton, Fla., promised to settle a Lexington man’s workers’ compensation claim for $75,000 in exchange for a $25,000 kickback.
The former adjuster for St. Paul Fire and Marine Insurance Co., was arrested by postal inspectors in October, when he drove to Lexington to collect the kickback.
Topics Fraud
Was this article valuable?
Here are more articles you may enjoy.
Are Software Vendors Holding Insurers Hostage? Build Your Own, Webinar Says 
CVC-Backed Home Insurance Firm Bamboo Said to Postpone IPO 
State Farm to Increase Claims Workforce by 3,000 
Florida’s Commercial Clearinghouse Plan Hits a Snag, With OIR and Board Concerns 
