Another Long Road

Hemenway, Chad
April 2008
Best's Review;Apr2008, Vol. 108 Issue 12, p78
Trade Publication
The article provides information on the conspiracy and fraud cases faced by five former insurance executives in the U.S. The executives are: Ronald Fergusson, Elizabeth Monrad, Robert Graham, Christian Milto and Christopher Garand. It talks about the guilty verdict for five dependants that fraudulently in a plot to manipulate the loss reserves of American International Group Inc. They are all convicted in all accounts in the Federal District Court of Hartford, Connecticut.


Related Articles

  • Future Impact. Dankwa, David // Best's Review;Apr2008, Vol. 108 Issue 12, p76 

    The author shares his views on the impact of the conviction of five former insurance executives for securities fraud on the insurance industry in the U.S. He believes that the case would finally force the regulatory community and the insurance industry to set the new guidelines on the legitimate...

  • Former Doral Exec Indicted for Fraud.  // American Banker;3/7/2008, Vol. 173 Issue 46, p17 

    The article reports on the indictment of a former executive of Doral Financial Corp. The executive, Mario S. Levis, has been indicted in relation to an alleged attempt to artificially inflate Doral's stock price through manipulation of public reports on the value of noncash assets. Levis used to...

  • US Attorney's Office Southern District of Florida.  // Biomedical Market Newsletter;3/7/2011, p244 

    The article reports on the conviction of Frank Sarcona by the U.S. District Court jury in Florida, on the charges of conspiracy to commit mail, wire fraud, and criminal contempt of court, conspiracy to commit money laundering, and multiple counts of substantive mail fraud, wire fraud, money...

  • Arneault Files Suit Against Pennsylvania Gaming Officials. Harris, Linda // State Journal (WV);4/22/2011, Vol. 27 Issue 16, p21 

    The article reports on the lawsuit filed by former MTR Gaming chairman and chief executive officer (CEO) Ted Arneault against Pennsylvania gaming regulators and company executives whose actions has caused him to be blacklisted in the industry.

  • Kentucky Court Protects Merchants' Property Rights. Gold, Lessing E. // SDM: Security Distributing & Marketing;Oct2008, Vol. 38 Issue 10, p38 

    The article discusses a court case wherein a woman filed an action against a retail store and its employees for emotional injury sustained as a result of an altercation at the establishment in Kentucky. The plaintiff visited the store with some film developed and purchased few items. As she left...

  • Medicare strike force nabs 94 people in fraud takedown.  // Medical Device Daily;7/19/2010, Vol. 14 Issue 138, p2 

    The article reports on the charges filed against 94 people for their alleged participation in schemes to collectively submit more than 251 million dollars in false claims to the Medicare program. The charges were the result of the continuing operation of the Medicare Fraud Strike Force in...

  • Two execs charged with fraud. Golden, John // Westchester County Business Journal;3/22/2010, Vol. 49 Issue 12, p49 

    The article reports on the fraud charges filed against two Westchester executives of Mount Vernon Money Center, Robert Egan and Bernard McGarry, for defrauding banks and other clients the amount of 50 million dollars entrusted to their company.

  • Fraud Trial Targets Gen Re, AIG Execs. Ruquet, Mark E. // National Underwriter / P&C;1/14/2008, Vol. 112 Issue 2, p10 

    The article discusses the fraud case of General Reinsurance Corp. (Gen Re) and American International Group Inc. (AIG) in the U.S. The case involves five former executives, four from Gen Re and one from AIG being charged with violation of federal securities law, securities fraud, mail fraud and...

  • Norwich Union: wealth of fraudster information.  // MarketWatch: Financial Services;August 2003, Vol. 2 Issue 8, p11 

    Reports on the discovery by Norwich Union that a staff member had been artificially inflating claims over a ten year period. Cost of fraud to the insurance industry of Great Britain; Legal action against the employee; Application of the company to freeze the employee's assets.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics