Former QBE Insurance Executive, Consultant Charged with Embezzling $2.6M

By | June 16, 2015

  • June 17, 2015 at 9:30 am
    Bill says:
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    “QBE paid Shea about $1.9 million in salary and bonuses over six years ending in 2013, according to the complaint. He almost doubled that amount, collecting more than $1.8 million from the fraud proceeds”.

    The greed just astounds me. The fact that it’s related to QBE does not.

    • June 17, 2015 at 2:25 pm
      Agent says:
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      Put these guys into general population and with cell mate Tyrone and they will learn how to be a “kid” again.

      • June 17, 2015 at 3:13 pm
        What happened to "Bubba"? says:
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        Did he retire?

        • June 18, 2015 at 10:32 am
          Agent says:
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          Bubba got out on good behavior. Tyrone is serving life without parole.

  • June 18, 2015 at 12:26 pm
    UW Supreme says:
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    I think the bigger lesson here is that QBE apparently doesn’t pay their VPs enough. Good to know when the next recruiter comes knocking…

    • June 18, 2015 at 4:59 pm
      Agent says:
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      UW, it is hard to know how greedy a man will be when a hire is made. This guy was a crook from day one and needs a good, long sentence. He might make $.75 per hour working in the laundry.

  • June 18, 2015 at 6:00 pm
    InsGuy says:
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    Look, I know Apple stuff is expensive, but how do you spend $20K at an Apple store?

    • June 22, 2015 at 12:04 pm
      ExciteBiker says:
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      And $38,000 at Disney? Maybe that includes six first class air flights. But sheesh that’s a lot of money.

  • April 26, 2016 at 5:15 pm
    tanya says:
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    Sloppy deceitfulness with identity fraud spoiled lemonade



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