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Date: 04-15-2024
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Judge: William B. Shubb
Court: The United States District Court for the Eastern District of California (Sacramento County)
Plaintiff's Attorney: The United States Attorney’s Office in Sacramento
Defendant's Attorney:
Description:
Yolo County Insurance Broker Sentenced for Identity Theft
Robert Kirby Wells, 64, of Woodland, was sentenced to two years in prison for aggravated identity theft.
According to court documents, Wells served as an insurance broker for a company located in Denver, Colorado, that owned multifamily and commercial properties throughout the United States. Wells was responsible for obtaining several types of insurance coverage for the company’s properties, including umbrella liability coverage. Wells fraudulently represented to the company that he obtained umbrella coverage for properties when, in fact, he did not. Wells then invoiced and was paid for purported premiums associated with the umbrella liability policies that he had never obtained.
At times, after Wells received full payment for premiums associated with coverage he obtained for the company, as well as umbrella coverage he did not obtain, Wells secured loans purportedly to pay for the same premiums. He did so by falsely representing that he was financing the premiums on the company’s behalf and using the identities of a managing principal and employee of the company without their authorization.
This case was the product of an investigation by the Federal Housing Finance Agency Office of Inspector General, the Department of Housing and Urban Development Office of Inspector General, and the U.S. Postal Inspection Service. Assistant U.S. Attorney Matthew Thuesen prosecuted the case.
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Defendant's Experts:
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