Monday, October 12, 2009
Posted By: Lisa Matthys
Written By: South Florida Business Journal
A Miami insurance agent has been arrested for the second time in two months for submitting thousands of fraudulent premium finance contracts for fictitious policyholders.
Jose V. Peris, 52, is owner and president of Insurance Force Corp. dba FED USA Insurance Agency.
According to the Florida Division of Insurance Fraud, Peris submitted more than 3,800fake policies and stole more than $14 million.
More than $7 million has not yet been recovered.
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