Insurance Agent Ponzi Schemer Faces New Fraud Charges
By Donna Gehrke-White, Sun Sentinel, Fort Lauderdale, Fla. |
The 49-year-old former
Ransberger allegedly came up with the new plot even as he was accused of conducting two other schemes involving insurance.
Ransberger, sentenced in May, is currently serving a year in county jail with 30 years of probation to follow.
Prosecutors in
Ransberger is accused of concocting his new plot after he was first arrested in
In late 2011, the state
An investigation found that Ransberger had submitted a fake commercial insurance application for liability coverage on a
In May, a new company accused him of wrong-doing.
SIUPREM, a premium finance company, said Ransberger had submitted more than 100 fraudulent premium finance agreements in 14 months. A premium finance company is a lending institution that finances insurance premiums for a fee.
Atwater said in a statement on Wednesday the state would not tolerate repeated white collar criminal schemes.
"Career scam artists undermine the intent of insurance coverage and put businesses at risk for their own personal gain," CFO Atwater said in a statement. "Our fraud investigators will continue to track down these schemes and put the perpetrators behind bars where they belong."
Anyone with information about suspected insurance fraud should call 800-378-0445.
[email protected], 954-356-4404 or Twitter @donnagehrke
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(c)2012 the Sun Sentinel (Fort Lauderdale, Fla.)
Visit the Sun Sentinel (Fort Lauderdale, Fla.) at www.sun-sentinel.com
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Source: | McClatchy-Tribune Information Services |
Wordcount: | 391 |
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