Mississippi Man Accused of Fraud
Police say a former Kiln man is accused of defrauding a Biloxi resident of more than $127,000 in what started as home-repair fraud and escalated to an investment scam.
The Sun Herald reports the arrest Wednesday of 44-year-old Ernest Christopher Thibodeaux stemmed from a property owner’s complaint involving more than $54,000 in insurance money.
Biloxi police Sgt. Donnie Dobbs says Thibodeaux had offered to sell the owner building materials and appliances to rebuild after Hurricane Katrina, but the materials and appliances were never delivered and little work was done.
Dobbs say Thibodeaux gained the owner’s confidence, and obtained $72,800 in an alleged investment with an anticipated return of a 25 to 50 percent profit.
Police arrested Thibodeaux on a charge of home-repair fraud. His bond was set at $100,000.
- Agentic Intelligence for Claims Dominates New Tech Launches
- Report: Property Claims Face Delays, Are Growing More Complex
- Don’t Sweat the Heatwave, El Niño Is Cooking up Some Raucous Weather for California
- Before the Nuclear Verdict: Rethinking How Liability Claims Are Managed
- Torrential Rain Brings Deadly Floods Back to East Coast of Spain
- The Nation’s Insurance Laboratory: What Liability Trends in California Mean for the Rest of the Country
- Florida Bans Flock Cameras, License Plate Readers From State Roads
- Apollo’s Rowan Blasts Regulators for Handling of Walter Insurers