Saturday, March 31, 2012

Michigan Man Charged With Embezzling More Than $500K From Auto Insurance Concern

Jason Matthew Arntz, 32, of Mount Pleasant, Iowa, has been charged with embezzling more than $500,000 from Auto-Owners Insurance where he had been employed as a claims officer.  According to authorities, Arntz added items to legitimate customer insurance claims and converting those items for his own use.  He has been charged with 7 felony counts. 

Read the story here.

Update (8/17/12): Arntz has been sentenced to 1 year in prison and ordered to pay some $600,000 in restitution.  Arntz, who pleaded guilty in July, had faced up to 20 years in prison.

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