Broker headed to prison for fraud
A federal judge in Atlanta on Wednesday sentenced an insurance broker to four years and two months in prison for his role in a mail fraud scheme, the U.S. Attorney's Office said.
Douglas Terry Dean, 61, who owned Dean & Moore Inc., also was ordered to pay $6.9 million in restitution. U.S. Attorney Sally Yates said Dean submitted numerous false and fraudulent applications for financing to premium finance companies. Some of the applications were in the names of real people and companies while others were for fictitious entities, she said.
About the Author
Bill Rankin has been an AJC reporter for more than 30 years. His father, Jim Rankin, worked as an editor for the newspaper for 26 years, retiring in 1986. Bill has primarily covered the state’s court system, doing all he can do to keep the scales of justice on an even keel. Since 2015, he has been the host of the newspaper’s Breakdown podcast.
