Show your clients the EXACT AGE to trigger Social Security.
Global Insurance Symposium. Register now!
Global Insurance Symposium. Register now!
Global Insurance Symposium. Register now!
Estate Planning Failures of the Rich and Famous V

INN Blog

More Posts
 

N.C. Men Sentenced In Crop Insurance Fraud

Two North Carolina men have been sentenced for their roles in a massive crop insurance fraud...

Associated Press

RALEIGH, N.C. -- Two North Carolina men have been sentenced for their roles in a massive crop insurance fraud.

A federal judge on Wednesday sentenced insurance agent William Larry Rogers to 9 years in prison for conspiring to make false statements, to make material false statements, to commit mail and wire fraud, and to obstruction of justice. The 69-year-old Mebane man was also ordered to pay $8.4 million in restitution, the amount prosecutors say he received in fraudulent federal crop insurance payments.

Richard Enoch of Mebane received one day in prison, followed by 6 months of house arrest, plus $58,000 in restitution and a $5,000 fine. Prosecutors say the 68-year-old tobacco farmer filed false insurance claims for lost crops that were actually harvested and sold. Rogers was Enoch's insurance agent.

Copyright: (c) 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Wordcount: 130


USER COMMENTS:

comments powered by Disqus

  More Property & Casualty

More Property & Casualty >>
  Most Popular Property & Casualty

More Popular Property & Casualty >>
Hot Off the Wires  Hot off the Wires

More Hot News >>

insider icon Denotes premium content. Learn more about becoming an Insider here.
Download the FREE BOLD Advisor Guide.