A formerly licensed insurance agent in Oklahoma, Matthew Hammer, has been sentenced for fraud. Hammer pled guilty to one felony count of Obtaining Property by False Pretense and was sentenced to a three-year deferred felony sentence with an initial 30-day term of incarceration. The Oklahoma Insurance Department said Hammer submitted fictitious policy applications to the American Family Life Assurance Co. of Columbus (AFLAC) and fraudulently collected nearly $3,000 in advance commissions.
Was this article valuable?
Here are more articles you may enjoy.
Amazon’s AWS Struggles to Recover After Major Outage Disrupts Apps, Services 
Progressive Records $2.6B in Q3 Income After Refunds for Excess Profits in Florida 
Homeowners Facing Big Deductibles? Mission Says it Has a Buyback Plan for That 
Rotting Apple: Berkley Explains Property Market, Company Appetite From This Issue
