A Southern California insurance broker who overcharged Tom Hanks and his wife, Rita Wilson, hundreds of thousands of dollars has been sentenced to more than two years in federal prison.
City News Service says Jerry Goldman received a 27-month sentence Monday. He also was ordered to pay about $840,000 in restitution.
Prosecutors claimed that between 1998 and 2011, Goldman inflated premiums by as much as 600 percent and created phony invoices to hide the scam.
The original indictment claimed that Goldman also bilked others including Andy Summers, the former guitarist for The Police.
The 60-year-old Thousand Oaks man pleaded guilty in April to mail fraud involving Hanks and Wilson.
Topics California Agencies
Was this article valuable?
Here are more articles you may enjoy.
Experian Launches Insurance Marketplace App on ChatGPT
Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs
US Supreme Court Rejects Trump’s Global Tariffs
Viewpoint: Runoff Specialists Have Evolved Into Key Strategic Partners for Insurers 

