An insurance agent from Houston has been sentenced to 10 years in prison for pocketing more than $250,000 in customer premiums, the Texas Department of Insurance reported. TDI said McKinley Shumate, 59, of Houston was sentenced to 10-years in prison …
An Ohio driver distracted by a text message when he caused a fatal crash has been sentenced to nearly five years in prison. A judge in southern Ohio’s Jackson County sentenced 31-year-old Christopher Haines on Nov. 28. He previously pleaded …
A 40-year-old Sioux City, Iowa, man has been sentenced to five years in prison for selling insurance without a license. The Sioux City Journal reports that Douglas Inlay was sentenced on July 16 in Woodbury County District Court. Inlay also …
Former billionaire Allen Stanford was sentenced in Houston to 110 years in prison on July 14 for running a $7 billion scheme in which he stole money from his investors to finance an extravagant lifestyle in the Caribbean. His attorneys …
A Savannah man has been sentenced to life in prison after he was convicted of killing an insurance agent during a robbery. The Savannah Morning News reported that 41-year-old Pedro Walker was given two consecutive life prison terms in the …
A Stigler, Okla., woman, a former insurance agent, has begun serving time in prison for insurance-related crimes uncovered earlier this year, the Oklahoma Insurance Department announced. Oklahoma Insurance Commissioner John D. Doak revoked the insurance license of Amanda Jean Burgess …
Former president and co-founder of title insurance agency Liberty Title, Brian Madden, has been sentenced to 20 months in prison for misappropriating and embezzling escrow and other client funds from Liberty Title and two other agencies he controlled and operated …
It’s easy to see why insurance swindler Sholam Weiss was not entirely satisfied with a judge’s decision to cut 10 years from his prison term. Even after the reduction, Weiss still had 835 years to serve for his role in …
