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Hollywood star scammed by rogue insurance agent

Article by Simon Christopher
Posted: 21/11/2012 - Last updated: -
Rating: 0.00 (0 votes)



A Californian insurance broker has been charged with defrauding four clients including actor Tom Hanks and former Police guitarist Andy Summers.

Jerry Goldman has been released on bail after a federal grand jury indicted him on the charges, meaning they ruled there was enough evidence that he should stand trial. He pleaded not guilty and will return to court again on December 18 to answer the claims.

Prosecutors say Goldman overcharged the four clients by a total of $800,000, worth just over half a million pounds, between 1998 and 2011. He allegedly bumped up premiums for a range of policies by as much as 600%, pocketing the extra cash himself. As part of the scam, Goldman allegedly sent doctored copies of the policies to clients.

Though the full details remain undisclosed, the policies are known to have covered several different types of insurance including specialist contents protection for fine arts and workers compensation, a legally required employer policy that pays out to employees unable to work because they've been injured on the job.

If convicted, Goldman faces up to 20 years in prison for each of the 10 counts.



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