Chicago, IL-(ENEWSPF)- The FBI alleges that the vice president of an insurance underwriting group fraudulently obtained more than $13.5 million from a corporate client by fraudulently issuing and collecting premium payments on “matching deductible” policies, according to federal criminal charges filed by the U.S. Attorney’s Office in Chicago.
DAVID BALLARD, 54, of Chicago, oversaw the Pennsylvania account of a large healthcare company. Allegedly, from 2005 to 2016, Ballard fraudulently…
