Buffalo man going to prison for scam on banks, insurance company
Dale Anderson, The Buffalo News, N.Y.Buffalo News
State Supreme Court Justice M. William Boller has sentenced a Buffalo man to three to nine years in prison for scamming banks and an insurance company, Erie County District Attorney Michael J. Keane announced.
Christian D. Johnson, 28, also was ordered to pay full restitution of $72,340. Keane noted that he has paid back $43,000 so far.
Prosecutors said Johnson deposited forged checks totaling $52,340 into bank accounts he set up for phony businesses between April 2019 and November 2020, then took the money out of the banks before the checks came back.
According to prosecutors, Johnson also got $20,000 from an insurance company by claiming that he lost income from a job at one of his phony companies after a car crash in March 2020.
Johnson pleaded guilty in March 2023 to third-degree insurance fraud, first-degree theft, first-degree scheme to defraud, three counts of third-degree grand larceny and four counts of second-degree criminal possession of a forged instrument, all felonies. He faced a maximum of 20 years in prison.
Health insurers are seeking double-digit premium hikes
Why These Banking Stocks Could Soar on Rate Cuts
Advisor News
- Advisors get a win as NJ Senate passes independent contractor bill
- Why federal retirement benefits are more complex than advisors realize
- Why timing the market is still a retirement mistake and what to do instead
- Business owners may be overlooking a key part of their financial picture
- How smart investments prepare clients for inflation
More Advisor NewsAnnuity News
- Best’s Special Report: U.S. Life/Annuity Industry Sees Bottom-Line Growth Despite 18% Decline in Total Income in First-Quarter 2026
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- Fortitude Re Completes $500 Million FABN Issuance
- Reframing retirement income for greater certainty
- Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
More Annuity NewsHealth/Employee Benefits News
- Hospital billing was supposed to be made simpler, but federal law has failed, Sun-Times investigation finds
- AHA FILES AMICUS BRIEF IN CASE CHALLENGING HHS, CMS ON PROVIDER TAXES
- New Geriatrics and Gerontology Findings Reported from University of Pennsylvania (Health insurance, healthcare access, and their roles in the association between blood lead levels and epigenetic aging in United States adults): Aging Research – Geriatrics and Gerontology
- Investigators at Avalere Health Report New Data on Atopic Dermatitis (Tralokinumab as a cost-saving treatment option for adults and adolescents with moderate-to-severe atopic dermatitis enrolled in US health insurance plans: a budget impact …): Skin Diseases and Conditions – Atopic Dermatitis
- NATIONAL BRIEFS
NATIONAL BRIEFS
More Health/Employee Benefits NewsLife Insurance News
- OVER $107 MILLION IN LIFE INSURANCE BENEFITS LOCATED FOR TENNESSEANS IN 2025 THROUGH NAIC'S LIFE INSURANCE POLICY LOCATOR SERVICE
- Maryland Heights man pleads guilty in murder-for-hire death of his mom
- AM Best Affirms Credit Ratings of Everlake Life Group Members
- Industry experts warn NAIC: Fix flawed IUL illustrations now
- InsuranceAUM.com Celebrates a Historic 5th Annual Insurance Investment Executives’ Meeting in Chicago, Honoring Outstanding Industry Leaders and Spotlighting Next Event in Austin
More Life Insurance News