No Bail for Maryland Man in Delaware Insurance Case
A federal judge says a Maryland businessman will remain in custody pending trial on charges of lying to Delaware insurance regulators.
Jeffrey Cohen is the founder and former CEO of Indemnity Insurance Corp., which specializes in insuring nightclubs and bars. He was charged in June with lying to insurance regulators in Delaware, where his company is incorporated, about its finances.
Authorities subsequently alleged in a search warrant affidavit that Cohen had plotted to attack the Delaware judge who presided over his company’s liquidation case, as well as another Delaware official. Cohen has not been charged in connection with those accusations.
But following a detention hearing Wednesday in Baltimore, a federal magistrate ordered that the 39-year-old Cohen remain in custody, describing him as a flight risk and danger to the community.
- Tackling The Growing Threat of Legal System Abuse
- ‘Big Tobacco’ Moment for Cannabis: What Insurers Need to Know About Murray v. Cresco
- Airbus, Air France Found Guilty in 2009 Rio-Paris Crash
- California Fire Spread Slows But Dangerous Conditions Linger
- Ransom Attacks up, but Payments Headed Down as Cyber Becomes Top of Mind
- AI Ruling Prompts Warnings From Lawyers: Your Chats Could Be Used Against You
- A 16,000% Problem: Why Workers’ Comp Can’t Get Drug Costs Under Control
- Florida Woman Drives Elevated Pickup Over Lamborghini Sports Car in Parking Lot