A former Tennessee insurance executive is accused of trying to buy his way out of prison.
Federal authorities charged James Michael Foley of Germantown last week with bribery of a government official and obstruction of justice.
Drug Enforcement Administration agent George Stauffer met with Foley while wired to record the meeting.
The government said in an affidavit Foley offered Stauffer $20,000 if he recommended a sentence reduction, claiming Foley had given him tips about drug dealers.
Foley previously worked for disability insurer Unum.
In December 2006 he pleaded guilty to mail fraud and making false statements on federal documents and is serving a 51-month prison sentence in Millington, Tenn.
___
Information from: The Commercial Appeal,
http://www.commercialappeal.com
Was this article valuable?
Here are more articles you may enjoy.
Aon Raises $13.5 Billion From Bond Sale to Fund USI Takeover 
New York Law Confirms Insurer Liability for Bad Faith Includes Third-Party Claims 
Humans Still Matter to Insurance Consumers, Says Big ‘I’ Survey 
New York Developers Look North of Miami for Florida’s Next Boom 
