|
Former Claims handler gets three years for embezzlement
June 10, 2004
HARTFORD -- A Middletown woman was sentenced to serve three years for bilking a Hartford insurance company, her former employer, out of nearly a quarter million dollars.
Carol L. Coady, 42, of 8224 Town Ridge Drive, was sentenced Tuesday in Hartford Superior Court on a first-degree larceny charge for defrauding the Travelers Property Casualty Company, according to Chief State’s Attorney Christopher L. Morano. Coady pled guilty to first-degree larceny on Dec. 16.
Judge Elliot N. Soloman ordered Coady to a 10-year sentence suspended after serving three years in prison followed by a five-year probation period. While on probation, Coady must make restitution totaling $205,460, Morano said.
Coady, a former claims handler for the insurance company, embezzled $247,861.68 from the company between March 1999 and November 2002 by issuing approximately 30 checks to fictitious people, which she subsequently cashed, according to the arrest warrant application. According to investigators, Coady admitted using the proceeds for her own benefit.
The case was prosecuted by the Statewide Prosecution Bureau in the Chief State’s Attorney’s Office in Rocky Hill.
©The Middletown Press 2004
|
