Ex-Insurance Agent Guilty of Bilking Firm
A retired North Hollywood insurance agent has been sentenced to 10 years in federal prison after he pleaded guilty to being involved in a scheme to defraud about $1 million from United Insurance Co. of America, for whom he worked for 30 years.
But in handing down the sentence Monday against William Ekaireb, 69, U.S. District Judge James M. Ideman said the defendant could be considered for parole after two years because of his age and health.
Ekaireb, a diabetic, and another insurance agent, who also has been sentenced to prison, were charged with bilking the Chicago-based company by filing claims on life insurance policies for people who were not dead.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
