2 Accused of Running Insurance Fraud Ring
Two Los Angeles-area men who allegedly headed one of the largest insurance scam operations in the nation were charged Wednesday with 24 counts of fraud.
Hossein Ali “Alex” Motamedi and Amir Zamyad were expected to enter into plea bargains on seven counts. But the court session was delayed until Friday.
Jay Jaffe and Michael D. Nasatir, lawyers for the defendants, said their clients intend to plead guilty to the seven counts Friday.
In the plea arrangement, Motamedi, 33, of Los Angeles, would receive an eight-year state prison term and Zamyad, 35, of Calabasas, a 10-year sentence, Deputy Dist. Atty. Elliot L. Fisher said.
Dist. Atty. Gil Garcetti said the two defendants masterminded a multimillion-dollar fraud ring that began in 1989 and spread as far as Florida.
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