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A Lakewood man, who was the CEO of Madison Financial Services and a licensed insurance provider, admitted in court Monday to filing false statements in filing $1.5 million in fraudulent claims to Blue Cross Blue Shield, announced Acting U.S. Attorney Rachael A. Honig. Get our free mobile app As a result of his actions, Jonas Knopf, 65, had been charged with one count of making false statements related to a health care benefits program. Attorney Honig said that, through Madison Financial Services, Knopf was accused of creating two sham companies and then giving insurance coverage to people who weren t his employees.

Monmouth countyNew jerseyUnited statesNew yorkOcean countyTracey agnewV grady omalleyRachaela honigJonas knopfJersey shore school districts losing millions fromPennsylvania department of insuranceSchool funding formulaMadison financial servicesBlue cross shieldPennsylvania departmentSenior litigation counsel