Thursday, November 20, 2008

Former Ohio Agent Convicted in Fraud Scheme

A former Cincinnati insurance agent has been convicted of multiple felony counts of theft and forgery. The conviction comes as a result of a joint investigation by the Ohio Department of Insurance and the Hamilton County Prosecutor's Office.

A 2007 Department investigation revealed that Darrius Wright had misappropriated insurance funds. Through a Consent agreement, Wright's insurance license was revoked on March 9, 2007.

Further investigation by the Department and Hamilton County Prosecutor’s Office reportedly revealed Wright continued to engage in fraudulent activities after the revocation of his insurance license. These illegal activities included his assuming the identities of former co-workers to continue to sell insurance products, selling fictitious health insurance policies to consumers, stealing commission payments from his former co-workers and forging the signature of a Department of Insurance staff member.

Wright was convicted and sentenced to three years in prison by Hamilton County Court of Common Pleas Judge Jody Luebbers in Cincinnati.

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