Tangent Insurance Company

  • Home
  • Tangent Insurance Company

SHOWING:

1 to 1 of 1 result
  

Sort By:

Search

Filter By:

Topics

Jurisdictions

Allegations

Former Spencer-Arscott associate receives 57-month prison sentence for fraud

A former business associate of Bermuda insurance executive Robin Spencer-Arscott has been sentenced to 57 months in prison in the United States for defrauding victims out of $10 million in an insurance scam. At his sentencing hearing on December 15, 2006 at the U. S. District Court for the Western District of New York, Steven D. Blumhagen received prison terms of 57 months for conspiracy to defraud the United States and 48 months for fraud, with both sentences to run concurrently. He had pleaded guilty on April 18, 2006.