Authorities announced that a Charlotte, N.C., woman was sentenced to 41 months in prison, to be followed by three years of supervised release, for carrying out a six-year mail fraud scheme against her employer. The defendant was also ordered to pay restitution in the amount of $737,733.
The announcement was made last week by the Charlotte, N.C., division of the Federal Bureau of Investigation and the U.S. Attorney’s Office.
According to filed court documents and court proceedings, Maureen Barbara Mallon, 67, of Charlotte, in July 2011 pleaded guilty to one count of mail fraud. Court documents show that Mallon was employed by an insurance company in Charlotte as the company’s accounts payable/receivable manager and later as its office manager.
Court records indicate that from 2004 to 2010, Mallon engaged in a scheme to defraud her employer. According to court documents, Mallon’s position at the insurance company gave her full access to the company’s operating account and made her responsible for various administrative and financial tasks, including processing invoices and remitting payments of insurance premiums to insurance companies underwriting client policies for Mallon’s employer.
Court records indicate that beginning in March 2004, Mallon began issuing duplicate insurance premium payments from her employer’s operating accounts. According to court documents, Mallon would mail one check to the underwriting insurance company and deposit a duplicate check into her personal bank account.
Filed court documents show that the duplicate company check was usually made payable to “Amwins Brokerage of the Carolinas,” which was an underwriting insurance company that did business with Mallon’s employer. To facilitate the deposit of the fraudulent checks, Mallon changed the name on the personal bank account to “Maureen B Mallon DBA Amwins Brokerage,” court records show.
According to court records and proceedings, over the course of six years, Mallon deposited approximately $730,000 into her personal bank account and used the money for personal expenditures, including vehicle expenses and residential rental payments.
Topics Fraud North Carolina
Was this article valuable?
Here are more articles you may enjoy.
Update: Fannie Mae Guidelines Raise Concerns, Could Bar ACV Coverage for Homes 
4,800 Claims Handled by Unlicensed Adjusters in Florida After Irma, Lawsuit Says 
Cracks in O’Hare Columns Aren’t Insured Property Damage, Just Bad Product – Court 
Billionaire Ellison Is Moving Oracle to Nashville From Texas 
