Friday, January 10, 2014

Former Insurance Administrator In New Jersey Sentenced To 7 Years For Embezzling Nearly $500K From Health Trust Fund

From on 1/10/14:

A 48-year-old Metuchen woman who worked as a third-party insurance administrator has been sentenced to seven years in state prison after being convicted of stealing nearly $500,000 from a trust fund for health insurance policies and prescriptions for hundreds of employees and their families.

Acting Attorney General John J. Hoffman said in a news release that Catarina Young, the primary owner and operator of a third-party insurance administrator, was sentenced Thursday to seven years in state prison by Middlesex County Superior Court Judge Dennis Nieves, sitting in New Brunswick.

Read the whole story here.

Hat tip: FraudTalk reader Joe.

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