Friday, January 10, 2014

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


From mycentraljersey.com 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.
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Read the whole story here.

Hat tip: FraudTalk reader Joe.

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