One of the largest Florida insurance fraud cases is now coming to close today. The man who masterminded an $800 million insurance scam that fleeced tens of thousands of investor will face 20 years in prison.
U.S. District Judge Robert Scola gave Joel Steinger, 64, credit for pleaded guilty to avoid a lengthy and costly trial and said Steinger's multiple medical problems — he appeared in court in a wheelchair, with an oxygen tank — argued against the maximum 50-year sentence sought by prosecutors.
Read More on this Story from Money News http://www.Moneynews.com/Personal-Finance/Florida-Steinger-insurance-scam/2014/08/29/id/591692/#ixzz3DgKqcPeQ
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