insurance fraud by agents News

Miami Insurance Broker Sentenced to 3.5 Years in Condo Premium Finance Scheme

A federal judge on Wednesday sentenced a Miami insurance broker to 41 months in prison and more than $5 million in restitution for defrauding a Georgia credit union by obtaining loans for condominium associations’ premium financing, then using the loans …

Miami Insurance Agent Pleads Guilty to Keeping $6M in Premium Finance Loans

A Miami insurance agent has pleaded guilty to defrauding a Georgia credit union by obtaining loans for condominium associations’ premium financing then using the $6 million for personal gain. Heleonel Gonzalez, known as Leo, is set for sentencing in February, …