‘Guilty, Your Honor’

April 9, 2001

Ronald Allen Prasky, owner of Border Pacific Insurance Services, pled guilty March 14 to five felony counts of insurance fraud and one count of income tax evasion. In his plea, the 31-year-old man admitted to stealing insurance premiums from his customers by issuing phony auto insurance identification cards. Prasky could face up to seven years in prison and a $50,000 fine. In addition, the California Department of Insurance (CDI) is seeking revocation of Prasky’s license based upon the felony conviction.

Jesus Antonio Lopez, a Border Pacific office manager, pled guilty to five felony counts of insurance fraud and one count of offering a false instrument to be filed in a public office in the State of California. The 32-year-old man could face up to four years in prison and a $50,000 fine.

Mylena Munguia-Prasky, Prasky’s wife, pled guilty to one felony count of aiding a principal to avoid escape or arrest. She could face up to one year in county jail and a $10,000 fine.

Sentencing for the three individuals is set for June 15 in San Diego Superior Court.

Was this article valuable?

Here are more articles you may enjoy.

From This Issue

Insurance Journal Magazine April 9, 2001
April 9, 2001
Insurance Journal Magazine

Web Marketing