Woman Sentenced For $1.2 Million Insurance Fraud

Austin, TX (CompNewsNetwork) - State District Court Judge Tracy Holmes sentenced former insurance company employee Brenda Buckaloo-Merchant to twelve years in prison today in Dallas.  Buckaloo-Merchant had previously pleaded guilty to a first degree felony - the theft of $1,208,316 while working as an adjuster for Unitrin Business Insurance company of Dallas, Texas. A first degree felony carries a maximum sentence of 99 years in prison and a minimum sentence of 5 years imprisonment, and a fine of no more than $10,000.    

The indictment and prosecution of Ms. Buckaloo-Merchant was the result of an investigation by the Dallas County District Attorney's Office and Texas Department of Insurance's (TDI) Fraud Unit.

On September 25, 2008  Ms. Buckaloo-Merchant appeared in court before Judge Holmes and told the court that she used her position at Unitrin to steal over $1.2 million dollars from the insurance company.  In describing the scheme to Judge Holmes, Buckaloo-Merchant said she wrote checks from Unitrin to a fictitious health care provider that was, in reality, Ms. Buckaloo-Merchant.  In addition to the twelve-year prison sentence, Ms. Buckaloo-Merchant has been ordered to pay restitution of $1,208,316 to Unitrin and a $3,000 fine.    

Read More

Request a Demo

To request a free demo of one of our products, please fill in this form. Our sales team will get back to you shortly.