5-Year Sentence Set, $20.3M Forfeiture Order Sought Over Scheme Against Insurer

Mealey's (October 31, 2022, 1:32 PM EDT) -- GREENSBORO, N.C. — Following imposition of a five-year prison sentence on the former manager of a roughly $34 million reinsurance portfolio who pleaded guilty to a wire fraud charge, the parties on Oct. 31 asked a North Carolina federal court to enter an order of forfeiture in the amount of $20,322,220....