Light Rain 45°
Tag:

Insurance Fraud

News
$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 …

SHARE

by Morgan Gonzales
Police & Fire
CT Man Charged With Insurance Fraud Over $27K Diamond Ring CT Man Charged With Insurance Fraud Over $27K Diamond Ring
CT Man Charged With Insurance Fraud Over $27K Diamond Ring A 44-year-old Connecticut man was arrested for filing a bogus insurance claim on a diamond ring valued at $27,000, authorities said. Fairfield County resident Duke Quarshie, of Norwalk, was issued a payment from Assurant Insurance Company in 2016 for a claim regarding the ring in New Jersey, Hudson County Prosecutor Esther Suarez said. On June 2, 2021, Quarshie was living in North Bergen, New Jersey when filed a second claim for the same piece of jewelry, the prosecutor said. Quarshie was charged with one count of insurance fraud and arrested at the Hudson County Prosecutor’s Office i…

SHARE

by Cecilia Levine
News
Avon Doctor Admits To Getting Kickbacks In Exchange For Ordering Unnecessary Procedures Avon Doctor Admits To Getting Kickbacks In Exchange For Ordering Unnecessary Procedures
Avon Doctor Admits To Getting Kickbacks In Exchange For Ordering Unnecessary Procedures A Connecticut eye doctor was paid handsomely from a five-year fraudulent medical billing scheme that netted millions of dollars. Hartford County resident Donald Salzberg, age 67, of Avon, pleaded guilty Thursday, July 14, to one count of conspiracy to commit health care fraud and one count of conspiracy to receive kickbacks in federal court in Boston. Prosecutors said that between 2014 and 2019 Salzberg, who owned and operated an ophthalmology practice in West Hartford, conspired with a principal for a medical diagnostics company to order hundreds of unnecessary brain scans. Salzburg and h…

SHARE

by Michael Mashburn
News
NY Man Accused Of Scamming Investors Of Over $700K NY Man Accused Of Scamming Investors Of Over $700K
NY Man Accused Of Scamming Investors Of Over $700K A New York man has been accused of scamming investors of more than $700,000 over the past year and a half, authorities announced. Long Island resident Matthew Gallagher, age 37, of Rocky Point, used investment schemes in fraudulent startup business ventures and insurance-related frauds to scam 16 victims between November 2019 and April 2021, according to an investigation by Suffolk County Police. Gallagher was arrested just before 10 p.m. Wednesday, April 28 at the Seventh Precinct in Shirley, according to police. He was charged with: Two counts of first-degree schemi…

SHARE

by Joe Lombardi