Last year, military consumers across the nation reported over 93,000 fraud complaints, scamming them out of $164,000 in 2022, according to California Attorney.
Veterans are reportedly "easier" to target because of that innate camaraderie with fellow retirees, making them more vulnerable to impostors claiming to have served in the military.
California Atty. Gen. Rob Bonta warns San Diego military about financial fraud sandiegouniontribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegouniontribune.com Daily Mail and Mail on Sunday newspapers.
SAN DIEGO
An insurance agent was sentenced Monday to 357 days of house arrest and ordered to pay $500,000 in restitution for running an insurance scheme that defrauded more than 4,000 Navy sailors in San Diego County, state and local authorities said.
Paul Flanagan, 56, pleaded guilty in August to a felony count of conspiracy to commit a type of insurance fraud known as “twisting.”
Flanagan’s sentencing in San Diego Superior Court was the latest development in the case. Co-defendant Ranjit Kalsi, 54, pleaded guilty to a felony count of identity theft and was sentenced Feb. 10 to 358 days in custody and ordered to pay $500,000 in restitution. A third defendant, Gregory Martin, 51, pleaded guilty Dec. 7 to a misdemeanor count of grand theft. He received credit for 517 days in custody.