A 72-year-old woman from Green Valley, Arizona, has been sentenced to 21 months in prison for insurance fraud. The woman, who pleaded guilty to mail fraud in November 2023, was found guilty of deceiving numerous elderly clients by misrepresenting insurance policy terms and overcharging them for premiums. Instead of transferring the payments to the insurance companies, she kept large amounts for herself, using them to cover premiums for other clients.
US District Judge Jennifer G. Zipps handed down the sentence on May 14, along with an order to pay $114,781 in restitution. The case highlights the vulnerability of elderly clients to fraud and the importance of regulatory oversight in the insurance industry. The US Attorney’s Office in Arizona emphasized the need for vigilance and accountability to protect consumers from such fraudulent activities.