A 38-year-old insurance agent in Reno has pleaded guilty to felony insurance fraud after he was accused of writing fake policies for friends and relatives who were unaware of what he was doing.
Bradley Buchanan admitted to Washoe District Judge Patrick Flanagan on Wednesday that he committed the fraud in order to help gain additional commissions and bonuses. He faces anywhere from probation to four years in prison at his sentencing set for Feb. 5.
The Attorney General’s office says Buchanan’s sister alerted authorities after an insurance company demanded she pay for a policy she never knew existed.
The Nevada Insurance Commission revoked his license in October.
Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
How States Rank in Injury Prevention
More Top Executives Say Bribes for Business Acceptable
Study: Drug Testing Driving Calif. Workers’ Comp Costs
Maryland’s State-Run WC Insurer IWIF to Become Private Nonprofit Co.
Saints’ Vilma Sues NFL Commissioner Goodell for Defamation
Safety Report Cites Lack of Progress in Reducing Motorcyclist Deaths
A Year after Joplin Tornadoes, $2.16B in Insurance Claims Paid
Safety Inspections Don’t Hurt Businesses; Do Lower Workers’ Comp Costs: Study
