Just “Plane” Fraud

Follow-up to a story we first brought you in December 2014…   

A former executive employed by biz-jet manufacturer Gulfstream accused of defrauding the company of over $10 Million during a ten year period was convicted and sentenced to over 11 years in prison.

Enjoying A Lavish Lifestyle

The Associated Press article published on Yahoo Finance states that, “He was living a lavish lifestyle that included splitting time between two luxury Los Angeles-area homes, and paying for the company of female escorts, luxury cars and $800 dinners, federal investigators say.”

Click here for the full article

Find Out The Truth Before You Hire Someone

Employee screening and criminal background checks can help prevent losses

Most surprising to us is the fact that this former executive was previously convicted in an embezzlement case in the early 1990’s yet Gulfstream knew nothing about it because they relied only on his apparently false resume when they hired him in 2000. This type of information would most likely have been picked up in a criminal background check.

Help Protect Your Client From Losses

For more information on Berkley Crime and our products, click here. Then contact any of us listed below to help you protect your clients from fraud losses.                  

——————————————————————-

 

Contact Berkley Crime

National Practice Leader and East Regional Manager
Sean Missal (860) 466-7377
[email protected]

Patricia Logan (212) 497-3708
[email protected]

Matt McNamara (212) 497-3707
[email protected]

 

Mid-West Regional Manager
Michael Beranek (501) 707-6548
[email protected]

Amanda VanCauwenberge
(312) 730-1101
[email protected]

Kyna Love (312) 705-1132
[email protected]

 

West Regional Manager
Jennifer Maggi (925) 472-8217
[email protected]

Steve Nguyen (925) 472-8233
[email protected]

 

P: 844.44.CRIME
[email protected]
www.berkleycrime.com

Experts focused on your protection.
We deliver.

Products and services are provided by one or more insurance company subsidiaries of W. R. Berkley Corporation. Not all products and services are available in every jurisdiction, and the precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued. Certain coverages may be provided through surplus lines insurance company subsidiaries of W. R. Berkley Corporation through licensed surplus lines brokers. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.

For additional information concerning W.R. Berkley Corporation’s insurance company subsidiaries, please visit: http://wrbc.info/Licensing/License.htm

 

“News You Can Use” E-Blast

Sign up for the latest news from Berkley Crime.

Let us know how
we can deliver for you!

844-44-CRIME