NU Online News Service, May 26, 4:01 p.m. EDT
The president of a defunct New York title insurance company was arrested today on charges he misappropriated up to $5 million in client and escrow monies, federal and state authorities announced.
Charged with insurance fraud and wire fraud was Brian H. Madden, 55, of Greenlawn, N.Y., who was president of Liberty Title Agency and also operated Skyline Title and GNY Liberty Abstract.
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