Federal Jury Convicts Former Texas Insurance Agent in Fraud Case
Wednesday, July 24th, 2013 Fraud Life & Health LitigationA former Denton County, Texas, insurance agent has been convicted in an insurance fraud scheme that targeted elderly individuals, U.S. Attorney Sarah R. Saldana of the Northern District of Texas announced. A federal jury in Dallas convicted Vincent Bazemore, 39, formerly of Aubrey, Texas, on all counts of an indictment charging four counts of mail fraud related to a scheme he ran to defraud various life insurance companies following a three-day trial before U.S. District Judge Reed C. O’Connor. Bazemore is currently in federal custody, serving a five-year sentence on a federal securities fraud conviction in the district in 2009. He faces a maximum statutory penalty of 20 years in federal prison, a $250,000 fine and restitution on each of the four counts of conviction.
