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Anthony Riccardi

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$40M Fraud: CT Insurance Firm Owner Admits To Scam, Could Face Decades In Prison $40M Fraud: CT Insurance Firm Owner Admits To Scam, Could Face Decades In Prison
$40M Fraud: CT Insurance Firm Owner Admits To Scam, Could Face Decades In Prison A "brazen" insurance company owner from Fairfield County admitted to $40 million of insurance fraud that paid for expenses relating to boating, luxury cars, and golf, officials say.  In a New York federal court, Anthony Riccardi, of New Canaan, pleaded guilty to conspiracy to commit wire fraud and bank fraud on Tuesday, Feb. 21, according to the office of the United States Attorney for the Southern District of New York.  Riccardi, the 50-percent co-owner and executive vice president of Employee Benefit Solutions LLC, a Connecticut insurance firm, was …

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by Morgan Gonzales
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Four Charged In $17 Million CT Insurance Firm Scheme Four Charged In $17 Million CT Insurance Firm Scheme
Four Charged In $17 Million CT Insurance Firm Scheme Four former managers and employees of a Connecticut insurance firm are facing charges for their roles in a multi-million dollar scheme to defraud client healthcare expenses. New Canaan residents Anthony Riccardi, Patricia Riccardi, Vanessa Battle, and Erin Verespy, of Trumbull, are facing charges for defrauding clients by misappropriating over $17 million in client funds intended for employee healthcare claims. Acting U.S. Attorney Audrey Strauss said that the four being charged were managers at Employee Benefit Solutions LLC (EBS), which was based out of Wilton. The company offered a varie…

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by Zak Failla