New charges have been brought against a Maryland businessman accused of making false statements to regulators.
A federal grand jury in Baltimore on Sept. 16 returned a superseding indictment against 39-year-old Jeffrey Cohen of Reisterstown.
It charges Cohen with wire fraud and money laundering.
Cohen is the founder and former CEO of Indemnity Insurance Corp., which specializes in insuring nightclubs and bars.
According to the 12-count indictment, Cohen falsely represented the financial status of entities he controlled to fraudulently obtain more than $100 million in insurance premiums.
Cohen was charged with lying to Delaware insurance regulators in the original indictment. He remains in federal custody.
Topics Carriers
Was this article valuable?
Here are more articles you may enjoy.
Man Admits to Tracking Drivers, Programming Keys, Stealing and Reselling Vehicles 
Soccer Officials Arrested After Melee That Damaged Hard Rock Stadium in Miami 
P/C Premium Growth Likely But Profits Delayed Until 2025: Forecast 
Insurers Settle With Hotel in Case of Woman Videotaped in the Shower From This Issue
