One day after the resignation of Insurance Commissioner Chuck Quackenbush, a former aide has been targeted in a criminal probe alleging he accepted kickbacks while on the job. Attorney General Bill Lockyer opened the investigation of George Grays after evidence surfaced that he had taken a “substantial amount” of money from a Sacramento football camp.
Grays, who resigned from the department of insurance after the Northridge earthquake scandal broke, had allegedly given the camp $263,000 in donations from the non-profit foundation set up with Northridge settlement monies. Grays also faces a civil lawsuit by Lockyer for his role in establishing and running the foundation.
Topics Fraud
Was this article valuable?
Here are more articles you may enjoy.
Hellman & Friedman Explores Sale of Applied Systems at Up to $10B, Sources Say 
How Insurers Can Gain the Most Value From Their AI Investments: Accenture 
Nuclear Plant Settles Cancer, Contamination Lawsuits 
New Jersey Employers Should Prepare Now for Oct. 1 Independent Contractor Rule 
