Investigators with the CDI Organized Auto Fraud Interdiction Task Force arrested Thomas Eugene Jackson, 53, at his residence in Elk Grove, Calif., on 83 felony counts of embezzlement and five felony counts of fraudulent tax returns.
An investigation revealed that in April 2002, Zurich Insurance notified Progressive Insurance they had just terminated Jackson for issuing auto claim payments totaling $28,063.24 to his ex-wife and other unauthorized recipients.
Progressive conducted an audit of the time when Jackson worked as a Senior Claims Representative in the Rancho Cordova, Calif. office from June 16, 1997 to July 30, 2001. Jackson allegedly issued 74 fraudulent drafts, totaling approximately $558,000 to more than 20 different individuals that were never in the actual claims. Task force investigators executed several bank search warrants to identify the co-conspirators. Some suspects had numerous identities and in some cases the monies were reportedly being deposited into bank accounts with cashier’s checks issued back to Jackson.
If convicted, Jackson could face up to 61 years in state prison. Bail is set at $1 million. Additional arrests are anticipated in the future.
Was this article valuable?
Here are more articles you may enjoy.