Wednesday, November 30, 2022
HomeInsuranceInsurer's officers accused of operating $190 million fraud scheme

Insurer’s officers accused of operating $190 million fraud scheme


Court docket paperwork additionally alleged that Easy Well being Plans’ gross sales brokers have been instructed to make use of a misleading gross sales pitch.

“The entire concept of this plan is to make your out-of-pocket bills as little as doable,” the pitch went, in keeping with courtroom paperwork. “When all is alleged and executed, you find yourself with pennies on the greenback.”

The purported fraud scheme ran from 2013 to October 2018, when the FTC filed a criticism with the federal courtroom in southern Florida, which granted a short lived restraining order in opposition to Easy Well being Plans and froze its belongings.

Easy Well being Plans’ former proprietor, Steven Dorfman, 27, of Fort Lauderdale, FL; former chief compliance officer Candida L. Girouard, 45 of Valrico, FL; and former vp of gross sales John A. Sand, 47, of Fort Lauderdale, FL, have been indicted this week by a federal grand jury within the Southern District of Illinois. They every face single counts of conspiracy to commit mail and wire fraud, 4 counts of mail fraud, and eight counts of wire fraud.

Belleville Information-Democrat reported that the three are scheduled to seem in courtroom on March 07 for arraignments. If the three are convicted, they face jail sentences of as much as 30 years for the conspiracy fees, plus 20 years on every of the mail and wire fraud counts.

It was additionally reported that earlier this month the US District Court docket for the Southern District of Illinois licensed a nationwide class motion lawsuit, which it expects to draw as many as 200,000 former policyholders as plaintiffs.

 

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