Saturday, September 29, 2018

NJ MAN INDICTED FOR DEFRAUDING SMALL BRONX BUSINESSES; STOLE $21,645 THEY GAVE HIM FOR INSURANCE PREMIUM PAYMENTS


Proprietors Believed They Were Covered

  Bronx District Attorney Darcel D. Clark today announced that a New Jersey man has been indicted on 51 counts of Grand Larceny, Insurance Fraud and other charges for stealing more than $21,000 from small business owners who thought they were paying for insurance coverage. 

 District Attorney Clark said, “While running an insurance brokerage in the Bronx for his employer, the defendant allegedly took money from a barber shop, window cleaning company, a caterer and other small businesses and provided insurance certificates, but did not process the policies or submit the money to the insurance company. Thus, these businesses had no insurance. Fortunately, no claims were submitted before the scheme unraveled, but this defendant’s alleged actions jeopardized the livelihoods of hardworking people.” 

 District Attorney Clark said the defendant, Julio Carballo, 41, of Dumont, NJ, was indicted on third and fourth-degree Grand Larceny, Petit Larceny, first-degree Scheme to Defraud, third and fourth-degree Insurance Fraud, and first-degree Falsifying Business Records. He was arraigned today before Bronx Supreme Court Justice George Villegas and released. He is due back in court on November 14, 2018.

 According to the investigation, the defendant convinced Allison Tirozzi, a Connecticut insurance broker for whom he worked, to purchase an insurance brokerage in the Bronx and let him run it. The defendant had complete control and many of the customers thought he was the owner of the brokerage. Defendant took checks, cash and credit card payments from numerous small businesses based in the Bronx presumably for payments to Nationwide Insurance. Nationwide has reimbursed a total of $28,753 to the customers and Tirozzi reimbursed Nationwide.

 An indictment is an accusatory instrument and not proof of a defendant’s guilt

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