Former Adjuster Pleads Guilty To Mail Fraud
An insurance adjuster faces a maximum sentence of five years and a $250,000 fine after pleading guilty to mail fraud in U.S. District Court in Lexington, Ky.
According to the Lexington Herald-Leader, Wail J. Lodhi of Bradenton, Fla., promised to settle a Lexington man’s workers’ compensation claim for $75,000 in exchange for a $25,000 kickback.
The former adjuster for St. Paul Fire and Marine Insurance Co., was arrested by postal inspectors in October, when he drove to Lexington to collect the kickback.
Popular Today
- Apple Suing OpenAI, Two Former Employees for Trade Secrets Theft
- Mumbai Struggles to Cope as Record Rains Lash Financial Hub
- Changes in Policy Language, Provisions Suppressing Claim Volume, Report Shows
- AI’s Impact: Tech and Finance Sectors Losing 28,000 Jobs Monthly
Popular This Month