Owings Mills insurance agent pleads guilty to stealing more than $100,000 in life insurance commissions

The following information was released by the Maryland Attorney General:

Defendant to Serve Time in Jail, Pay Restitution, and Give Up Insurance License

BALTIMORE, MD Attorney General Anthony G. Brown today announced that Baltimore County insurance agent Gregory A. Maslow, 72, of Owings Mills, Maryland, pleaded guilty to a four-year scheme to steal more than $100,000 worth of commissions from the sale of life insurance policies. The investigation was led by the Attorney General's Fraud and Corruption Unit and the Maryland Insurance Administration.

Maslow, a longtime Maryland insurance agent, carried out a scheme from May 2015 through May 2019 to defraud insurance companies of commissions by using the identities of other insurance agents and customers. After various insurance companies had terminated Maslow's agency contracts, he submitted more than 75 applications for life insurance, falsely representing that the applications had been solicited, sold, and submitted by other licensed insurance agents. Many of these applications were for life insurance policies for Maslow's friends, family members, and even Maslow himself. He influenced these individuals to apply for life insurance by offering to pay all or part of their premiums, but did not intend to pay the premiums for long. In some cases, Maslow submitted applications without the applicants' knowledge or permission. He also impersonated the agents and applicants in phone calls to the insurance companies.

When the insurance applications were approved, the insurance companies paid substantial upfront commissions intended for the agent Maslow had named on the application. Instead, Maslow sent those commissions to joint accounts that he set up himself. On the same day that the commissions were deposited into the joint accounts, Maslow transferred the funds to a different account that only he controlled. Soon after receiving the commissions, Maslow stopped paying the premiums, and the policies would lapse for non-payment. Over the course of the four-year insurance fraud scheme, Maslow stole more than $100,000.

On October 2, 2026, Maslow pleaded guilty to a theft scheme over $100,000 before the Honorable Garrett P. Glennon of the Circuit Court for Baltimore County. Maslow is scheduled to be sentenced on November 23, 2026. Under the binding plea agreement, Maslow will be sentenced to 30 days' incarceration. Upon his release, he will be on five years' supervised probation. As conditions of probation, Maslow will have to pay restitution and will also consent to the revocation of his insurance producer's license. If he violates probation, he could be sentenced to up to four years and 11 months of additional incarceration.

In making today's announcement, Attorney General Brown thanked his Criminal Division, specifically Division Chief Katie Dorian, Fraud and Corruption Unit Chief Alex Huggins, and Assistant Attorney General Michelle Martin, who prosecuted this case. Attorney General Brown also thanked the Maryland Insurance Administration for its assistance with this investigation. Finally, Attorney General Brown thanked State's Attorney for Baltimore County Scott Shellenberger for his assistance with this investigation and prosecution.