A formerly licensed insurance agent in Oklahoma, Matthew Hammer, has been sentenced for fraud. Hammer pled guilty to one felony count of Obtaining Property by False Pretense and was sentenced to a three-year deferred felony sentence with an initial 30-day term of incarceration. The Oklahoma Insurance Department said Hammer submitted fictitious policy applications to the American Family Life Assurance Co. of Columbus (AFLAC) and fraudulently collected nearly $3,000 in advance commissions.
Was this article valuable?
Here are more articles you may enjoy.
Travelers Reverses Q2 Income Loss, Narrows Underwriting Loss 
Soccer Officials Arrested After Melee That Damaged Hard Rock Stadium in Miami 
What Disruptions Have Been Reported After the Global Tech Outage? 
Wall Street Pushes Back After Activists Escalate Protests From This Issue
