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According to California Department of Insurance detectives, Kenneth Huang lied about material information in order to secure multiple different insurance policies.(Photo: Shutterstock) According to California Department of Insurance detectives, Kenneth Huang lied about material information in order to secure multiple different insurance policies.(Photo: Shutterstock)

A Bay Area man was federally indicted on six federal charges related to his complex unemployment insurance fraud scheme. He pleaded guilty to one federal charge of wire fraud.

According to a statement from the California Department of Insurance, Kenneth X. Huang is now facing two years in federal prison, three years supervised release, and, as part of his plea agreement, he has agreed to pay $259,594 in restitution for his crimes.

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Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].

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