Insurance Swindle Case To Go To Jury Trial
By Jana Peterson, The Pine Journal, Cloquet, Minn. | |
McClatchy-Tribune Information Services |
The two sides met
According to the criminal complaint:
Schmidt has conducted business under multiple names, including
Boucher explained that although the state did the investigation, the county attorney's office is prosecuting the alleged crime.
The complaint notes that on or about
According to the complaint, when Detective Johnson examined Schmidt's bank records, he found no record the
In continuing the investigation, according to the amended criminal complaint, Johnson discovered a total of three occasions when the client wrote checks to Schmidt after receiving funds from insurance annuity policies. Schmidt allegedly took those funds and, instead of investing them on his client's behalf, spent them. Those checks were in the amount of
Although the criminal case in this matter hasn't been resolved, the
According to the public records of the
According to the administrative hearing findings of fact, Schmidt told his attorney that the funds were a loan from his client to him. The client testified that the money was not a loan.
Administrative Law Judge
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