Byron Frisch charged in $50 million insurance scam

Bryon Frisch, a former NFL player, was among four people changed in San Diego with participating in a $50 million insurance fraud scheme. Bryon Frisch played for Tennessee Titans, Dallas Cowboys, New York Giants and San Francisco 49ers.

By

A former NFL defensive lineman is among four people charged in San Diego with participating in a $50 million insurance fraud scheme.

U-T San Diego reports 36-year-old Byron Frisch was charged along with three others with conspiracy to commit mail and wire fraud.

Frisch and others are accused of submitting false information to obtain more than $50 million worth of life insurance policies for unqualified applicants who didn't plan to pay the policy premiums. Authorities say they received more than $1.6 million and the ability to sell the policies to investors.

Recommended: Can you manage your money? A personal finance quiz.

The four allegedly recruited elderly individuals to apply for purported free life insurance policies with million-dollar death benefits, then submitted applications with false details.

Frisch, a self-employed financial adviser, played for Tennessee Titans, Dallas Cowboys, New York Giants and San Francisco 49ers.

Copyright 2013 The Associated Press.

Share this story:
 
 
Make a Difference
Inspired? Here are some ways to make a difference on this issue.
Follow Stories Like This
Get the Monitor stories you care about delivered to your inbox.
 

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...