Fraud of the Week

Mail fraud – Tennessee

Amount – between $550,000 and $1,500,000

A man used a public adjusting company to target homeowners and businesses that had suffered property damage and filed claims with their insurers. The man solicited payments for repairs and services, then used them for his own personal gain and improper professional expenses. He admitted that the United States could present proof of losses between $550,000 and $1,500,000. Charges are from an investigation conducted by the Federal Bureau of Investigation, United States Postal Inspection Service, Cleveland Police Department and other local law enforcement agencies. He agreed to forfeit certain funds and a home. He faces up to twenty years in prison, fines up to $250,000 and restitution to the victims.