A Southern California insurance agent has been sentenced to 10 years in prison after pleading guilty to a $2.5 million fraud scheme.
Prosecutors say Anthony Medina, who operated Prompt Insurance Agency in Newport Beach, received the sentence in Superior Court after pleading guilty to 152 felonies.
Medina took money from small business owners between 2003 and 2007 under the pretense of obtaining workers compensation and liability insurance, but instead used the cash to fund a lavish lifestyle that included houses, cars and a boat.
He faces a restitution hearing on Nov. 12.
His wife, Vanessa Cheverri, was previously sentenced to 90 days in jail for her role in the scheme.
Topics Agencies
Was this article valuable?
Here are more articles you may enjoy.
AI Savings Misses ‘Should Be Making Executives Uncomfortable,’ Bain Says 
Miami Moves to Seize Part of Posh Island After Fuel Fight 
Artist Suing FIFA Over Destruction of Dallas Whale Mural 
Helicopter Crash in Georgia Kills Groom, Pilot, Hours After Huge Wedding Celebration 
