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Jun 9
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Not too much of a surprise this week except for the former chief financial officer at Ohio’s $15 billion fund for injured workers. I don’t know why he thought he could get away with what he did but alas he didn’t.
- Racketeering/Money Laundering/Ethics violation - Franklin County Prosecutor Ron O'Brien said last week that the accused, would admit he received $25,000 from rare-coin dealer Tom Noe in return for doling out investment business from the workers compensation bureau to Noe. The accused also faces federal racketeering charges and state charges of money laundering and ethics violations for failing to report income, gifts, travel and meals on mandatory annual disclosure forms.
- 3 Accused of Auto Theft conspiracy – The first accused was charged by the Riverside County District Attorney’s office with two felony counts of insurance fraud and one count of concealing a crime. The second was charged with three felony counts of insurance fraud, and the third was charged with one count of felony insurance fraud. If convicted, each individual could face up to five years in prison with a $150,000 fine.
- Corruption Charges - The report in the Chicago Tribune said the FBI was investigating a report that the accused took bribes from the insurance agency in exchange for pressuring businesses to buy its policies.
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