Cantonment insurance agent convicted of fraud

A cantonment insurance policy broker was found guilty Wed of racketeering and money washing in a assess test, according to a news launch from the Condition Lawyer's Office.

Operating under multiple occupation names, Randall Petersen, 49, performed a fake insurance policy plan that demanded his theft several hundred thousand money of income and rewards from American. In the plan Petersen promoted job opportunities on the internet for Higher education Professionals of the Beach Coast and caused thousands of candidates to provide details for insurance policy coverage that he and his affiliates described as free job benefits.

In a assess test a test where evidence is delivered directly to a assess instead of a court controlled over by Circuit Court Guess Ross Goodman Assistant Condition Lawyer Russ Edgar showed that Higher education Professionals was not a real company. Edgar suggested that petersen had merely used the details from the job candidates to complete insurance policy coverage applications that he presented to the plan providers.

Before the organizations earned the insured's were not employes, Petersen had found millions of money of income and rewards and let the policies slip up for nonpayment.

Petersen encounters a maximum of 60 years state jail. The case ensued from an investigation by the Florida Department of Insurance Scams.