Insurance agent guilty of criminal counts related to identity theft
Former American Family Insurance agent Nancy Paquette was found guilty of 104 criminal counts – 52 counts of forgert and 52 counts of identity theft. Paquette established dozens of fraudulent insurance policies in order to receive commissions and bonuses, as well as to remain one of the company’s top agents.
Paquette’s defense was that organized crime was behind the insurance policies, but those “people” could not be located by law enforcement. She claimed that they scammed her into taking out these policies. Her lawyer says there was no way she would risk a successful 17-year career on these policies, which only amounted to about 5% of her business.
She used $200,000 of her own money to create these insurance policies, some for actual customers and others for people she had never even met. For these policies, Paquette received $265,000 in commissions.
She faces 200 years in prison at her sentencing on April 30.
