Couple pleads guilty to wire, mail fraud charges
Published: September 26,2010
SOUTHAVEN — A Mississippi couple has pleaded guilty to federal wire and mail fraud charges stemming from a scam involving insurance checks totaling nearly $700,000.
The Commercial Appeal reports Elizabeth and Robert Rainey of Southaven admitted to siphoning money from her employer, Direct General Insurance Corp. of Memphis, by creating fraudulent checks on insurance claims.
Prosecutors say Elizabeth Rainey was a claims adjustor at Direct General whose job was to issue claims checks for legitimate claims.
The Raineys entered guilty pleas earlier this week and will be sentenced on Jan. 6 by U.S. District Judge Jon McCalla.
The Raineys remain free on their own recognizance.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- MARTIN WILLOUGHBY — Tyler Raborn finds success and fulfillment with Raborn Media
- Three indicted, alleged to have embezzled from agency
- Supreme Court deals blow to McDaniel's election challenge
- DAVID DALLAS: Mr. McDaniel goes to Washington
- Manning family establishes health care initiative at UMMC
- Gunn, Reeves introduce performance-based budget plan
- Bryant protests immigrant children being housed in state
- Under state probe, All American Check Cashing gets ‘F’ rating from Better Business Bureau
- Weyerhaeuser investing $57M to modernize lumber mill