A federal jury found a 40-year-old Yuma man guilty last week of 15 charges related to several insurance fraud schemes he perpetrated between 2018 and 2020.
Isrrael Millan III has now been convicted of one count of conspiracy to commit fraud, eight counts of wire fraud, two counts of mail fraud and four counts of money laundering.
Sentencing is scheduled for Feb. 21, 2023, before Senior United States District Judge Roslyn O. Silver.
Millan's schemes, all of which he committed in Yuma, included staging vehicle accidents and deliberately flooding homes then submitting fraudulent claims to insurance companies related to the incidents.
One of the incidents occurred in the early morning of June 2, 2019, when two individuals recruited by Millan purposefully crashed a U-Haul moving truck into the Sunshine Market and Liquor Convenience Store.
The evidence at his trial revealed that Millan worked as a general contractor and made fraudulent claims to the damage caused by the incidents in an effort to collect money from insurance companies.
The Federal Bureau of Investigation conducted the investigation in this case. Assistant U.S. Attorneys Raymond K. Woo and Aron Ketchel, District of Arizona, Phoenix, handled the prosecution.
Medicare Pay Cuts Will Hurt Seniors’ Care, Doctors Argue
HealthBird Brings a Groundbreaking Solution to Health Insurance Needs
Advisor News
- Report: Many Americans paying up to 45% of annual income on auto loans
- Latest state budget raises taxes on Californians, ignores voter priorities
- What advisors and clients must know about Roth conversions
- Worker retirement confidence dips to lowest level in a decade
- What’s behind private equity investment in insurance brokerages
More Advisor NewsAnnuity News
- Globe Life Inc. (NYSE: GL) Making Surprising Moves in Tuesday Session
- Why annuities are gaining traction with younger investors
- 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
More Annuity NewsHealth/Employee Benefits News
- California Democrats vote to raise healthcare premiums: Some by 97 percent
- Free transit, free medical care announced at meeting
- CareFirst accuses Maryland insurance brokers of overseeing $50M fraud
- Symetra Partners with PlanSource to Streamline Workforce Benefits Administration
- California is getting ready to increase a health insurance tax. Will it affect your premium?
More Health/Employee Benefits NewsLife Insurance News
- Avoid the ‘summertime slump:’ Strategies to remain productive
- Globe Life Inc. (NYSE: GL) Making Surprising Moves in Tuesday Session
- Symetra Partners with PlanSource to Streamline Workforce Benefits Administration
- Royal Neighbors of America achieves record growth
- Only 1 in 4 Americans Think Now Is A Good Time To Invest, Allianz Life Study Finds
More Life Insurance News